Author: Olga N. Baeva, Cand. Sc. (Ec.), Assistant­Prof. of Service Economics and Management Dprt., Baikal State University of Economics and Law

Abstract: In the article existing approaches to estimation of returns on education are examined. The author summarizes estimations of returns on education at different levels in Russia, characterizes the situation in the Siberian Federal District (case of Irkutsk oblast) and determines directions for further research.

Keywords: Human capital, investments in education, return on education, education levels