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What are the social costs and benefits of education?
The commonly used methods to analyze the cost-benefit of education are: the present value method of educational benefit; The ratio method of educational cost and income; Education rate of return method; Income function method.

The economic benefit of education refers to the surplus or net income after the increase of national income obtained in social productive labor compensates the cost of education and training. It includes two aspects: first, the contribution and promotion of education to social development and economic growth and the size of its share; The second is the income and the amount of income that education brings to the educated individuals.