Previous research on educational decisions has almost exclusively focused on individual decisions to start a particular education. At the same time, the decision to revise an educational choice has hardly been analyzed, unless it is the decision to drop out. However, dropping out is only one...

This paper presents empirical evidence on premature terminations of apprenticeship contracts in Germany. Our novel approach uses human capital theory with a regional component as a clear-cut framework for the analysis. It derives testable hypotheses on individual decisions to finish an...