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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Format: | Article |
Language: | English |
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EconJournals
2017-01-01
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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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first_indexed | 2024-04-10T13:53:16Z |
format | Article |
id | doaj.art-77340d7f68df4ad9a8cda4bd2b0ab08e |
institution | Directory Open Access Journal |
issn | 2146-4405 |
language | English |
last_indexed | 2024-04-10T13:53:16Z |
publishDate | 2017-01-01 |
publisher | EconJournals |
record_format | Article |
series | International Review of Management and Marketing |
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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