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Funding Mechanisms for Higher Education: A Marketing Perspective
- Publication Year :
- 2019
- Publisher :
- HAL CCSD, 2019.
-
Abstract
- This paper develops an analytical model to investigate the impact of governmental funding of higher education on educational outcomes including tuition, graduation rates, and enrollment. Assuming that students make an enrollment decision based on tuition, graduation rate, and labor market prospects, we show that push and pull funding strategies are equally effective in lowering net tuition and in increasing enrollment, the expected graduation rate, and social welfare without compromising the academic standards. We also show that a policy change from enrollment-based funding to performance-based funding raises graduation rates but does not necessarily improve the performance of the education system.
- Subjects :
- Labour economics
Higher education
ComputingMilieux_THECOMPUTINGPROFESSION
business.industry
Perspective (graphical)
Marketing university education
push and pull funding
Social Welfare
Funding Mechanism
Academic standards
humanities
performance-based funding
Push and pull
ComputingMilieux_COMPUTERSANDEDUCATION
[SHS.GESTION]Humanities and Social Sciences/Business administration
Business
probabilistic service
tuition crisis
health care economics and organizations
Graduation
Subjects
Details
- Language :
- English
- Database :
- OpenAIRE
- Accession number :
- edsair.doi.dedup.....bf586998ea8efbf97d6cc60fd14bb8c5