A study measured costs and benefits of awarding studentships (scholarships) to teacher trainees who in return "bond" themselves to undertake a period of teaching. Compared with other alternatives, the studentship scheme is found to be "a very expensive method of recruitment." The case against it is found to be very strong.…

The Hong Kong system of student loans for higher education has worked efficiently since 1969. Many factors in its success are location-specific, but other governments may both learn from and contribute to the Hong Kong experience. (MSE)

An estimate of departmental cost functions in seven departments at 31 private liberal arts colleges is given. Estimates indicate that departmental costs are relatively inelastic, indicating that financial problems will be compounded in an era of enrollment decline. (Author/MSE)

An alternative technique, cost-effectiveness analysis, is proposed as a more appropriate way of evaluating the Open University. A rudimentary application of the technique to the cost structure of OU indicates that it could result in a substantial reduction in OU's costs. (Author/LBH)

Analysis of costs of the University of the Air (Japan), a distance education institution, looks at expenditure per student, indirect costs, opportunity costs, cost per graduate, and cost per credit. Focus is on the university's economic advantage. It is suggested that additional economies will be realized with satellite broadcasting. (MSE)

It is suggested that the weakened demand for Master's in Business Administration (MBA) programs represents an overdue adjustment in expectations. Pressure to reduce student experience requirements and fees is anticipated. A brief history of the degree in the United States and the United Kingdom is provided. (Author/MSE)