Private and Social Profitability to Investment in Vocational Education in Public Colleges of Education in Lagos State

Abstract

The study examined private and social profitability to investment in vocational education in public colleges of education in Lagos State. The population of the study comprised all Vocational Education students in public colleges of Education in Lagos State owned and financed by the federal and state governments. The total number of vocational Education students that served as population for the study is 2950. Other participants were teachers in junior Secondary Schools of the Six Education Districts of Lagos State with a population of 11,038. Three questionnaires and one observatory and inventory note pad were used to elicit information from participants. There is no significant difference between private and social returns to investment in vocational education in Public Colleges of education in Lagos State. It was recommended that the federal and state government should pay as much attention to vocational education as they do to general education.