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Tuesday, 20 September 2011
Women Reaping Higher Return on Investment in University Degree
Canadians with a university degree earn, on average, about 40% more than workers with only high school diplomas. However, this wage premium varies greatly depending on sex and age. Young men with degrees realize much smaller earnings advantages over other young men with lower levels of qualifications than highly education young women do over their less-educated peers.
Are the men aware of this variance? Could this explain why there are more women doing undergraduate degrees?
At University of Toronto, Canada's largest university, the male to female ratio is 44 to 56. Similiar ratios can be found at most Canadian universities. The notable exceptions are: Carleton University and Saint Mary's University both with a 50 to 50 ratio. The Royal Military College has a 78 to 22 male to female ratio (perhaps as expected) and the University of Ontario Institute of Technology reported a 59 to 41 ratio. Another outlier is Mount St. Vincent in Nova Scotia with a 22 to 78 ratio.
In a few years will universities attempt to admit a more gender-balanced incoming class? Only time will tell!
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