academic achievement
accountability
adjunct
administration
ambition
career
Category=JNM
Category=KJB
college
community colleges
creativity
dean
earnings
economics
employment
eq_bestseller
eq_business-finance-law
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eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
faculty
for profit schools
four year
higher education
innovation
instructor effectiveness
invention
labor
learning
lecturer
major
market forces
nonfiction
online classes
pedagogy
productivity
provost
research
skills
student outcomes
success
tenure track
undergraduates
university
Product details
- ISBN 9780226574585
- Weight: 624g
- Dimensions: 16 x 23mm
- Publication Date: 22 Nov 2019
- Publisher: The University of Chicago Press
- Publication City/Country: US
- Product Form: Hardback
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How do the benefits of higher education compare with its costs, and how does this comparison vary across individuals and institutions? These questions are fundamental to quantifying the productivity of the education sector. The studies in Productivity in Higher Education use rich and novel administrative data, modern econometric methods, and careful institutional analysis to explore productivity issues. The authors examine the returns to undergraduate education, differences in costs by major, the productivity of for-profit schools, the productivity of various types of faculty and of outcomes, the effects of online education on the higher education market, and the ways in which the productivity of different institutions responds to market forces. The analyses recognize five key challenges to assessing productivity in higher education: the potential for multiple student outcomes in terms of skills, earnings, invention, and employment; the fact that colleges and universities are “multiproduct” firms that conduct varied activities across many domains; the fact that students select which school to attend based in part on their aptitude; the difficulty of attributing outcomes to individual institutions when students attend more than one; and the possibility that some of the benefits of higher education may arise from the system as a whole rather than from a single institution. The findings and the approaches illustrated can facilitate decision-making processes in higher education.
