The comparative research on output of studying in traditional universities and in open universities of Tehran

In present paper, higher education is considered as investment on human beings. By calculating «Net Present Value» (NPV) for 4 groups of students who study in Islamic Open University, Payame Noor University, Applied Science and Technology Universities and non-profit private institutions of higher education, an attempt was made to compare the situation of economic output of investment in higher education for these students. For data gathering we used random sampling method among these students and computed NPV for each university, as well as for technical and non-technical disciplines.