Addressing the Declining Productivity of Higher Education Using Cost-Effectiveness Analysis. Stretching the Higher Education Dollar. Special Report 2

Autor/in	Harris, Douglas N.
Institution	American Enterprise Institute for Public Policy Research
Titel	Addressing the Declining Productivity of Higher Education Using Cost-Effectiveness Analysis. Stretching the Higher Education Dollar. Special Report 2
Quelle	(2013), (19 Seiten) PDF als Volltext (1); PDF als Volltext kostenfreie Datei (2) Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Monographie
Schlagwörter	Higher Education; Academic Degrees; Educational Finance; Cost Effectiveness; High School Graduates; Costs; Public Policy; Productivity; Expenditures; College Attendance; Graduation Rate; Role; Resource Allocation; Decision Making; Educational Policy + Suchen Sie Ihr Suchwort? Hochschulbildung; Hochschulsystem; Hochschulwesen; Degree; Degrees; Academic level graduation; Akademischer Grad; Hochschulabschluss; Bildungsfonds; Kosten-Nutzen-Analyse; Kosten-Nutzen-Denken; High school; High schools; Graduate; Graduates; Oberschule; Absolvent; Absolventin; Cost; Kosten; Öffentliche Ordnung; Produktivität; Ausgaben; College; Colleges; Attendance; Hochschule; Fachhochschule; Anwesenheit; Rollen; Ressourcenallokation; Decision-making; Entscheidungsfindung; Politics of education; Bildungspolitik
Abstract	Higher education productivity, as measured by academic degrees granted by American colleges and universities, is declining. Since the early 1990s, real expenditures on higher education have grown by more than 25 percent, now amounting to 2.9 percent of US gross domestic product (GDP)--greater than the percentage of GDP spent on higher education in almost any of the other developed countries. But while the proportion of high school graduates going on to college has risen dramatically, the percentage of entering college students "finishing" a bachelor's degree has at best increased only slightly or, at worst, has declined. What accounts for declining productivity in higher education? Prior research provides an array of potential explanations. Most analysts point to the role of rising costs, and others focus on declining degree attainment. Collectively, these explanations reinforce a widespread perception among higher education administrators and many scholars that productivity is impossible to control. In this paper, the author shows that policymakers and college leaders do in fact have some control over productivity, but generally lack the information necessary to take the appropriate steps toward improvement. Specifically, decision makers have little information about which programs, policies, and resource decisions are most cost-effective. Relative to other areas of public policy, cost-effectiveness analysis is rarely applied to specific education policies and programs. Even research that looks at the higher education system as a whole rarely considers the relationship between the costs and output--that is, productivity. This paper is one of three in a series on higher education costs. (Contains 2 figures, 1 table, and 64 notes.) [For the first report, "Initiatives for Containing the Cost of Higher Education. Stretching the Higher Education Dollar. Special Report 1," see ED541921.] (ERIC).
Anmerkungen	American Enterprise Institute for Public Policy Research. 1150 Seventeenth Street NW, Washington, DC 20036. Tel: 202-862-5800; Fax: 202-862-7177; Web site: http://www.aei.org
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2021/2/06