Higher Education Individual Rate Of Return Research Of Shandong Province

Higher education is a kind of investment behavior,the higher education individual yield is the measure of higher education is an important index of the private investment and returns,it can not only reflect the different levels of higher education investment return,also can certain extent,reflects the accepted different levels the scarcity of higher educators in the Labour market.This paper is based on the theory of human capital theory,by collecting different levels in Shandong province in 2017 the average monthly income of colleges and universities graduates and coefficient of correlation data,such as higher education individual yields at different levels in Shandong province for the calculation and research,proved the feasibility of higher education in the current is still an investment behavior,thus family in Shandong province higher education investment decision problem faced by the development of colleges and universities at different levels and problem resolution.The research shows that the individual return rate of education at different levels in Shandong province is 24.6% for junior college,33.5% for undergraduate and38.63% for postgraduate,respectively.And with the improvement of higher education level,its corresponding individual yields also present a rising trend,while the individual yield is only 12.17% of high school graduates,in Shandong province in this paper,the economic factors of the higher education benefits other than the simple instructions,therefore,high school graduates choose to give up receiving higher education is not rational for personal benefits in the future.Studies have also shown that personal education graduate student of specialized subject and yields the same as the national level,and the undergraduate course education is comparatively large difference with the national level,reflecting the excessive education of undergraduate course graduate of Shandong province,which reflects the problem of industrial structure of Shandong province is relatively backward,therefore put forward in the old and new kinetic energy transformation under the new background,Shandong province transformation of undergraduatecourse colleges and universities and the development of new engineering related suggestions.Finally,based on the research of this paper,it is also proposed that the scarcity of talents in different industries can be judged by calculating the return rate of individual higher education in different industries,so as to provide certain theoretical reference for the construction of new engineering in Shandong province and the professional setting of colleges and universities.