Abstract
Education possesses characteristics of both consumption and investment as a special consumer good, the expenditure of education with consumption characteristics will increase with the improvement of income levels, but education with investment characteristics may turn education into a necessity, meaning that the improvement of income will not significantly increase the expenditure of education. The paper empirically examines the relationship between household education expenditure and family economic conditions using the data of 2015 Chinese Comprehensive Social Survey. The results of the correlativity show that there is a significant positive correlation between household income level and education expenditure, which means that the higher the household income, the more the investment in education.
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