Author : Rebugio, Lucrecio L.

Summary : Using rate of return analysis, this study attempted to assess the economic productivity and utilization of Bachelor of Science in Forestry (BSF) and Ranger Certificate graduates of the University of the Philippines at Los Baños College of Forestry (UPLB-CF). The basic data used in the analysis were earnings of the graduates and the costs of forestry schooling (education). Earnings data were gathered through a nationwide sample survey of forestry graduates of UPLB between 1931 and 1974 and cost estimates were based on an empirical study on the monthly expenditures of UPLB students, statement of expenditures and income of the UPLB-CF and on an inventory of the College's capital resources. generally, BSF graduates were found to have higher average earnings and earnings profiles than ranger graduates. However, the total cost of BSF schooling was higher than that of ranger schooling primarily because the former takes two years more to finish. Otherwise, the costs (private and social) were roughly the same.