Evaluating University Degree Programs Regarding the Effective Use of Public and Private Funding

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 realisti...

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Main Authors: Douglas Burleigh, Marina Kuimova, Maxim Mazhanov
Format: Article
Language:English
Published: EconJournals 2017-01-01
Series:International Review of Management and Marketing
Online Access:http://mail.econjournals.com/index.php/irmm/article/view/3307
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author Douglas Burleigh
Marina Kuimova
Maxim Mazhanov
author_facet Douglas Burleigh
Marina Kuimova
Maxim Mazhanov
author_sort Douglas Burleigh
collection DOAJ
description 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 field 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 field and to predict the probability of employment. Keywords: degree programs; education loan; employment; higher education; labor market; public funding, return on investment. JEL Classifications: I260, I280
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spelling doaj.art-77340d7f68df4ad9a8cda4bd2b0ab08e2023-02-15T16:10:36ZengEconJournalsInternational Review of Management and Marketing2146-44052017-01-0171Evaluating University Degree Programs Regarding the Effective Use of Public and Private FundingDouglas Burleigh0Marina Kuimova1Maxim Mazhanov2La Jolla Cove Consulting, San Diego CA 92117, USANational Research Tomsk Polytechnic University, Lenin Avenue 30, Tomsk, 634050, RussiaNational Research Tomsk Polytechnic University, Lenin Avenue 30, Tomsk, 634050, Russia 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 field 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 field and to predict the probability of employment. Keywords: degree programs; education loan; employment; higher education; labor market; public funding, return on investment. JEL Classifications: I260, I280 http://mail.econjournals.com/index.php/irmm/article/view/3307
spellingShingle Douglas Burleigh
Marina Kuimova
Maxim Mazhanov
Evaluating University Degree Programs Regarding the Effective Use of Public and Private Funding
International Review of Management and Marketing
title Evaluating University Degree Programs Regarding the Effective Use of Public and Private Funding
title_full Evaluating University Degree Programs Regarding the Effective Use of Public and Private Funding
title_fullStr Evaluating University Degree Programs Regarding the Effective Use of Public and Private Funding
title_full_unstemmed Evaluating University Degree Programs Regarding the Effective Use of Public and Private Funding
title_short Evaluating University Degree Programs Regarding the Effective Use of Public and Private Funding
title_sort evaluating university degree programs regarding the effective use of public and private funding
url http://mail.econjournals.com/index.php/irmm/article/view/3307
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