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In this paper, we estimate returns to education. We develop the Mincer model [1974] which assumes that revenues only depend on the level of education and professional experience. We add the type of education (public or private) besides other explicative variables, and we correct the selection bias in the labor market and the endogeneity bias of education. So, in Madagascar, the rate of return on education seems to be unsignificant when the labor market is assumed either competitive or segmented. Classification JEL: C31; C35; I21; J31