Evaluating University Degree Programs Regarding the Effective Use of Public and Private Funding
Douglas Burleigh,
Marina Kuimova and
Maxim Mazhanov
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Douglas Burleigh: La Jolla Cove Consulting, San Diego CA 92117, USA,
Marina Kuimova: National Research Tomsk Polytechnic University, Lenin Avenue 30, Tomsk, 634050, Russia
Maxim Mazhanov: National Research Tomsk Polytechnic University, Lenin Avenue 30, Tomsk, 634050, Russia.
International Review of Management and Marketing, 2017, vol. 7, issue 1, 465-469
Abstract:
The subject of this paper is making educated decisions on the use of Public (governmental) and private funding to support the acquisition of university degrees in majors that have a low probability of providing a career or employment. Discussion topics include return on investment, and the realistic expectations of obtaining jobs in the fi eld of study after graduation. This paper discusses the effectiveness of university degree programs with respect to the use of public funding and the probability of graduates’ employment. It is proposed that a system of metrics be developed to evaluate the potential of each degree program to provide employment in that fi eld and to predict the probability of employment.
Keywords: Degree Programs; Education Loan; Employment; Higher Education; Labor Market; Public Funding, Return on Investment (search for similar items in EconPapers)
JEL-codes: I26 I28 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:eco:journ3:2017-01-60
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