The Education Lifespan Model is an attempt to map economic return on human capital investment. The power of education to transform communal living standards is often seen by the belief in the 'education gospel' or the construction of a 'knowledge economy'. Misalignment, however, regularly occurs between investment in education and expected economic growth. The five phases described in the Education Lifespan Model tracks the anticipated return on investment in accordance with the developmental level of a country's education system. Distinctions are made between primary/secondary and higher education and hypotheses for future studies are presented.
|Journal||International and Comparative Education Magazine|
|Publication status||Published - 2011|