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Autor/inn/enFincher, Mark; Katsinas, Stephen
TitelTesting the Limits of the Price Elasticity of Potential Students at Colleges and Universities: Has the Increased Direct Cost to the Student Begun to Drive down Higher Education Enrolment?
QuelleIn: Journal of Higher Education Policy and Management, 39 (2017) 1, S.31-39 (9 Seiten)Infoseite zur Zeitschrift
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Spracheenglisch
Dokumenttypgedruckt; online; Zeitschriftenaufsatz
ISSN1360-080X
DOI10.1080/1360080X.2016.1211975
SchlagwörterCollege Students; Costs; Student Costs; Cost Indexes; Educational Demand; Educational Supply; Consumer Economics; Employment Projections; Employment Potential; Enrollment Trends; Labor Market; Statistical Analysis; Multiple Regression Analysis
AbstractHigher education enrolment has long been known to rise and fall counter to the current economic situation. This counter-cyclical enrolment response represents an economic principle where a price-elastic consumer is more likely make a consumption choice when another valuable use of resources is not available. Higher unemployment has historically led to increased enrolment as fewer prospective students have had attractive employment opportunities as an alternative use of the resource of time. This consumer decision was possible students generally had the ability to pay the cost. This trend has now ended as enrolment is no longer rising with increased unemployment. This indicates that ability of many students to pay has now been exceeded by the cost of tuition and other fees. (As Provided).
AnmerkungenRoutledge. Available from: Taylor & Francis, Ltd. 325 Chestnut Street Suite 800, Philadelphia, PA 19106. Tel: 800-354-1420; Fax: 215-625-2940; Web site: http://www.tandf.co.uk/journals
Erfasst vonERIC (Education Resources Information Center), Washington, DC
Update2020/1/01
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