Formal part time trainingcan help you understand the value of

Value

£4740 per person per year

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Year2009
Status:
Country:
TechniqueStated preference - contingent valuation - willingness to pay
Description
Undertaking formal part time training that leads to a qualification
Undertaking part-time education, or having done so in the last year, increases the level of well-being by the same amount as an increase in annual household income of between £2,500 and £5,100
Matrix, Inquiry into the Future for Lifelong Learning Public Value Paper 3.
References
Valuation Source: Lifelong Learning and Well-being: An Analysis of the Relationship Between Adult Learning and Subjective Well-being. Report Source: shop.niace.org.uk/media/catalog/product/f/i/file_1_50.pdf Reference: No explicit reference Datasource: shop.niace.org.uk/media/catalog/product/f/i/file_1_50.pdf

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