This paper takes an innovative approach. We have used the idea of converting international evidence of the size of higher education externalities as a proportion of GDP into Australian-specific dollar equivalents and added these estimates to estimates of lifetime fiscal returns to graduates. This allows us to estimate the expected spillovers over…

What is a college degree truly worth? That is the question that a new report seeks to answer. And it does so by distilling college into a number, expressed in dollars. "The Earning Power of Graduates From Tennessee's Colleges and Universities" is the latest effort to precisely quantify the value of a degree. It identifies the payoff that…

In fundamental economics, individuals acquired education for two broad reasons, as an investment and as consumption. The investment function of education has continued to create tension for job search leading to cases of unemployment. Entrepreneurship education and establishment of mega universities have been identified as panaceas. This paper…

In this article, the authors present results from a survey of Masters of Economics program directors to determine the missions, inputs, and outcomes of these degree programs throughout the United States and Canada. They compare results of this survey to those of two previous studies that they conducted 20 and 10 years ago. Respondents were asked…

A review of net price calculators--a financial aid tool mandated by the "Higher Education Opportunity Act" of 2008--reveals that students from low-, moderate-, and middle-income families face record-level net prices at 4-year public colleges today. These net prices will translate into levels of average total loan burden far in excess of…

In the literature of higher education cost function study, enough knowledge is created in the area of economy scale in the context of developed countries but the knowledge of input demand is lacking. On the other hand, empirical knowledge in the context of developing countries is very meagre. The paper fills up the knowledge gap, estimating a…

There is growing interest in leveraging Title IV student aid to improve college completion. Advocates have proposed linking funding in the Pell and Campus-Based Programs to measures of college performance. However, to do so in an equitable and efficient manner, raw measures of college output, such as rates of graduation and academic progress, must…

How successful was the class of 2012 at securing employment after graduation? What does a "typical day" of work look like for graduate business school alumni? What impact do job tasks and work environments have on job satisfaction? How do alumni assess the value of their graduate management degree? The findings in the 2013 Alumni…

The study investigated the costs and benefits of international education to Zimbabwean students studying in South African Universities. The objectives of the study were to investigate the actual and perceived benefits of international education to students. The study also investigated the impact of international education on the lives of students,…

Investing in higher (tertiary) education is one of the more significant decisions a person can make. In some countries, such as Australia, Canada, Japan, Korea, and the United States, the direct costs of higher education can be large, often requiring a significant investment of an individual's personal funds, either in up-front payments or loan…

General acceptance of the strong relationships between education, income, and public economic strength is at the core of all of college attainment goals at the national and state levels. The National Center for Higher Education Management Systems (NCHEMS) and the Center for Law and Social Policy (CLASP) have collaborated to develop online tools…

This study summarizes recent and continuing research conducted by the Center for College Affordability and Productivity (CCAP) on the metrics used for measuring college performance. Unlike other rankings, this study does not concentrate on the inputs of college education such as endowment size, number of faculty, or the educational preparation of…

Developing a comprehensive strategy for postsecondary education that will meet the needs of America's diverse population and help ensure our ability to compete in the global economy is vital to the growth of our nation. Key to improving performance of our colleges and universities is measuring that performance. In this paper, the authors assert…

In the past decade, based on a change in paradigms in university policy, performance funding on a cantonal and central state level has been introduced in Switzerland: the universities have been granted higher autonomy, combined with global budgets and contract management by the responsible authorities (cantonal authorities). At the same time, the…

This book's purpose is to show .how assessment can be used to enhance the educational and research functions of colleges and universities by promoting talent development among both students and faculty members. Chapters cover the following topics: (1) review of traditional uses of student assessment; (2) the input-environment-outcome model which…