Towards Measuring the Economic Value of Higher Education: Lessons from South Africa

Autor/in	Allais, Stephanie
Titel	Towards Measuring the Economic Value of Higher Education: Lessons from South Africa
Quelle	In: Comparative Education, 53 (2017) 1, S.147-163 (17 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0305-0068
DOI	10.1080/03050068.2017.1254985
Schlagwörter	Foreign Countries; Higher Education; Economic Impact; Value Judgment; Educational Benefits; Outcome Measures; Outcomes of Education; Labor Market; Graduate Surveys; Employer Attitudes; Expectation; Labor Needs; South Africa + Suchen Sie Ihr Suchwort? Ausland; Hochschulbildung; Hochschulsystem; Hochschulwesen; Ökonomische Determinanten; Werturteil; Bildungsertrag; Lernleistung; Schulerfolg; Labour market; Arbeitsmarkt; Arbeitgeberinteresse; Expectancy; Erwartung; Labour needs; Arbeitskräftebedarf; Südafrika; Süd-Afrika; Republik Südafrika; Südafrikanische Republik
Abstract	A crisis of student funding has led to most South African universities being closed for weeks, after protests in 2015 and again in 2016. A policy response to these events requires insight into relationships between higher education, society, and the economy. This paper interrogates the assumptions which underpin current approaches to measuring higher education in South Africa. It argues that analyses of labour market relationships, associated with forms of measurement linked to rates of return, graduate tracer studies, and employer requirements and satisfaction studies, give us a snapshot of relatively contemporary data, but do not tell much about the dynamics of causation. They contain interesting information but should not be used to overclaim about the relationship between higher education and the economy. Taken together with other approaches to higher education evaluation, they tell us more about how labour markets are looking for distinctions between candidates than about the value that higher education adds to societies and economies. A clear public policy response needs better forms of measurement and better tools of analysis. (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2020/1/01