The Funding of Higher Education: An Empirical Examination of the Cost of Education in Business Schools

Excessive employee turnover has plagued industry and higher education, increasing the cost of manufacturing a product, delivering a service or providing quality education.  Most research conducted in this area has concentrated on industry.  The few studies that have investigated turnover in higher education were done at the university level while this paper focuses on faculty turnover in business schools.  Another difference that distinguishes this paper is that actual turnover figures were used, rather than intentions to leave.  Salary compression was also explored, an issue that concerns many faculty members. This occurs when new doctorates are hired at salaries almost equal to that of existing faculty.  Our research found that turnover rates are higher in small, teaching institutions, as anticipated.  An unexpected result was that salary compression was greater in one of the research institutions.  This may be due to abnormal hiring practices of that school.

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ICT in the changing landscape of higher education in Southeast Asia

Australasian Journal of Educational Technology ◽

10.14742/ajet.893 ◽

2011 ◽

Vol 27 (8) ◽

Cited By ~ 12

Author(s):

Kian-Sam Hong ◽

Peter Songan

Keyword(s):

Higher Education ◽

Southeast Asia ◽

Education Systems ◽

Higher Education Systems ◽

Success Stories ◽

Cost Of Education ◽

The Face ◽

The Many ◽

The Cost ◽

Developed Nations

As in the developed nations, developing countries in the Southeast Asian region increasingly are recognising the important role higher education plays in enhancing the human resources of a nation for promoting its development in a world of depleting natural resources. Advances and pervasiveness of ICT in the society mean that higher education systems in the region are increasingly leveraging ICT in handling the many arising challenges faced by higher education systems in Southeast Asia. Some of the possible roles of ICT in higher education in the face of these challenges discussed in this paper are what and how students learn, when and where students learn, who the new faces of students and lecturers are, and ways to reduce the cost of education. However, research-based knowledge on how ICT has been and can be used to enhance the design, delivery and management of higher education programs in the Southeast Asia region is not readily available. Furthermore, countries in Southeast Asia are at different stages of development in the use of ICT in education. Thus, success stories, experiences and lessons learnt from the use of ICT in higher education will be of immense importance for educators and administrators who are at the forefront of integrating ICT for higher education in countries in the region.

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BANTUAN PEMBANGUNAN RUSUNAWA PADA LEMBAGA PENDIDIKAN TINGGI

Jurnal Potensi ◽

10.37776/jpot.v1i1.653 ◽

2021 ◽

Vol 1 (1) ◽

pp. 10

Author(s):

Raflis Raflis

Keyword(s):

Higher Education ◽

Public Housing ◽

Quantitative Methods ◽

Higher Education Institutions ◽

Uniform Design ◽

Building Design ◽

Qualitative Approach ◽

Research Approach ◽

Cost Of Education ◽

The Cost

With the issuance of Law Number 16 of 1985 concerning Flats, Draft General Guidelines for Compilation and Submission of Proposals for Development of Flats for Higher Education Number 1 of 2006 and Regulation of the State Minister of Public Housing Number 9/PERMEN/M/2008 concerning Guidelines for Assistance for Flats Development Simple rent (Rusunawa) at Higher Education Institutions and Boarding Education Institutions, so students can breathe a little easier to reduce the cost of education. The purpose of this study is to determine the effectiveness of the use of flats in universities.The research approach used in this research is a quantitative approach and a qualitative approach. Quantitative methods emphasize the existence of variables as objects of research and these variables must be defined in the form of the operationalization of each variable. This research is an ex facto research because it is carried out after all events have taken place.The results of this study indicate that so far the utilization of the building has not been optimal. This is because the building design does not match the habits of building users, even though the building design is a uniform design from the rusunawa construction aid provider. Moreover, other regions have different local wisdom according to the characteristics of each region.

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The role of marketing in the development of the world's leading higher education institutions

ОҚМПУ ХАБАРШЫСЫ – ВЕСТНИК ЮКГПУ ◽

10.47751/skspu-1937-0023 ◽

2021 ◽

Vol 27 (1) ◽

pp. 16-30

Author(s):

Ayman BERDYBEKOVA ◽

◽

Margarita KURMANOVA

Keyword(s):

Higher Education ◽

Higher Education Institutions ◽

Educational Institutions ◽

Educational Services ◽

Educational Marketing ◽

Cost Of Education ◽

The World ◽

The Cost

The article tells about the importance of marketing in the development of leading higher education institutions in the world. The article substantiates the relevance of marketing applications in the field of educational services. The concepts of "educational marketing", "educational services", "advertising", "demand", "supply", "subjects of marketing relations in the field of education", "competitiveness", "consumers of educational services" are considered. The classification of types of marketing is given and the strategies of its application in the field of education are outlined. Examples of leading universities in the world and the dependence of the cost of education on their global ranking are also described. The place of marketing in the training as a whole is marked, the concepts of competitiveness and its importance in the development of leading universities around the world are separately described, the theme of marketing tools such as advertising and demand, as the main auxiliary abilities of marketing. The article demonstrates numerous theoretical and statistical data reflecting economic indicators of different countries, their characteristics, and clearly demonstrates their interrelation with each other using different tables. The high importance of the role of marketing in the education system of the world's leading universities has been proved. The perspective of application of marketing innovations for development of the sphere of educational services is revealed. The necessity of formation of special marketing services for market research and management of marketing complex in educational institutions is presented.

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Explaining Loyalty in Higher Education: A Model and Comparative Analysis from the Policy of Gratuity, a Case Applied to Chile

Sustainability ◽

10.3390/su131910781 ◽

2021 ◽

Vol 13 (19) ◽

pp. 10781

Author(s):

Maritza Katherine Galindo-Illanes ◽

Juan Alejandro Gallegos-Mardones ◽

Arturo Z. Vasquez-Parraga

Keyword(s):

Higher Education ◽

Comparative Analysis ◽

Student Satisfaction ◽

Family Income ◽

Marketing Strategies ◽

Financial Responsibility ◽

Student Loyalty ◽

Cost Of Education ◽

The Cost

Since the 1980s, numerous transformations in higher education were experienced in Latin America, and especially in Chile, a country that allowed private entities to enter the education systems and develop a market. The opportunity triggered an increase of coverage and competition to capture and retain students, followed by marketing strategies delivering student satisfaction and pursuing student loyalty. Moreover, since 2012, higher education institutions in Chile have been allowed to adopt a policy of gratuity, giving families the co-responsibility of dealing with the cost of education. So, some institutions adopted gratuity and continued receiving funds from the state, but others did not, relying instead on family income. The split in the financial responsibility of higher education seems to have generated varied reactions from the students and their families, including their satisfaction with and loyalty to the institution. Despite the abundant literature on higher education, however, a few studies attempt to explain and compare student satisfaction and loyalty across types of institutions, such as those that opted for gratuity versus those that did not. This study examines a set of relevant attributes for understanding that phenomenon; attributes such as quality of service, satisfaction, trust, commitment, and loyalty. The results reveal a prevalence of trust and familiarity among the students attending an institution with gratuity. In contrast, the results demonstrate a preponderance of commitment and satisfaction among the students attending a non-gratuity institution that relies on family, private, and personal funds to support their education.

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The Effect of Education Costs Through Accreditation of Students' Decisions to Choose Private Universities in Makassar City

International Journal of Multicultural and Multireligious Understanding ◽

10.18415/ijmmu.v7i8.1961 ◽

2020 ◽

Vol 7 (8) ◽

pp. 517

Author(s):

M. Abduh Idris ◽

Syahnur Said ◽

Abdul Rahman Mus ◽

Jeni Kamase

Keyword(s):

Higher Education ◽

Structural Equation ◽

Private Universities ◽

Private University ◽

Private Higher Education ◽

Equation Modeling ◽

Cost Of Education ◽

Education Costs ◽

The Cost ◽

The City

This research was conducted with the aim to: 1). To analyze the effect of the cost of education on the accreditation of Private Universities in Makassar City. 2). To analyze the effect of the cost of education on the decision of students choosing Private Universities in Makassar City. 3). To analyze the effect of accreditation on the decision of students to choose a private university in Makassar. 4). To analyze the effect of education costs on the decision of students to choose Private Universities in Makassar through accreditation of Private Universities. This research uses data taken from the results of the questionnaire distributed during the study. Where a sample of 190 respondents, this study was conducted from February to April in 2019. Data were analyzed using the Structural Equation Modeling (SEM) program with Amos software. The results of this study indicate that (1) There is a positive and significant effect of the cost of education on accreditation in Private Universities in the City of Makassar. (2). There is a positive and significant effect of the cost of education on the decision of students to choose at Private Universities in the City of Makassar. (3). There is a positive and significant effect of accreditation on the decision of students to choose at Private Universities in the City of Makassar. (4). There is a positive and significant effect of the cost of education on the decision of students to choose along with the increasing accreditation in Private Higher Education in the City of Makassar. The implication of this research is that the cost of education is a consideration for students in making decisions to choose private universities. When in the consideration of students to choose in relation to the cost of education which is then included in the element of private higher education accreditation, the student's decision becomes significant. In supporting students' decisions to choose private tertiary institutions, it is necessary to apply a model of payment terms that can be made by students to complete tuition fees at the university concerned.

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The Cost-Effectiveness of Public Higher Education: Integrating Accounting and Quality to Assess Value

Journal of Accounting and Finance ◽

10.33423/jaf.v18i10.231 ◽

2018 ◽

Vol 18 (10) ◽

Keyword(s):

Higher Education ◽

Cost Effectiveness ◽

Public Higher Education ◽

The Cost

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A comparison of the cost of research in South Africa's public research and higher education institutions

South African Journal of Science ◽

10.1590/s0038-23532008000600013 ◽

2008 ◽

Vol 104 (11/12) ◽

Author(s):

D.R. Walwyn

Keyword(s):

Higher Education ◽

Higher Education Institutions ◽

Public Research ◽

Pricing Policy ◽

The Public ◽

Annual Salary ◽

Research Sector ◽

Salary Survey ◽

The Cost ◽

Comparative Information

Despite the importance of labour and overhead costs to both funders and performers of research in South Africa, there is little published information on the remuneration structures for researchers, technician and research support staff. Moreover, there are widely different pricing practices and perceptions within the public research and higher education institutions, which in some cases do not reflect the underlying costs to the institution or the inherent value of the research. In this article, data from the 2004/5 Research and Development Survey have been used to generate comparative information on the cost of research in various performance sectors. It is shown that this cost is lowest in the higher education institutions, and highest in the business sector, although the differences in direct labour and overheads are not as large as may have been expected. The calculated cost of research is then compared with the gazetted rates for engineers, scientists and auditors performing work on behalf of the public sector, which in all cases are higher than the research sector. This analysis emphasizes the need within the public research and higher education institutions for the development of a common pricing policy and for an annual salary survey, in order to dispel some of the myths around the relative costs of research, the relative levels of overhead ratios and the apparent disparity in remuneration levels.

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Let's Let Accounting Educators Teach More: An Economic and Ethical Approach to Reducing the Cost of Education

SSRN Electronic Journal ◽

10.2139/ssrn.251468 ◽

2001 ◽

Author(s):

Robert W. McGee

Keyword(s):

Ethical Approach ◽

Cost Of Education ◽

The Cost

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Effects and Risks of Distance Learning in Higher Education

Administrative Consulting ◽

10.22394/1726-1139-2020-10-61-73 ◽

2020 ◽

pp. 61-73

Author(s):

Yu. M. Tsygalov

Keyword(s):

Higher Education ◽

Distance Learning ◽

Online Education ◽

New Technology ◽

Negative Consequences ◽

Higher Education System ◽

First Results ◽

Spread Of Infection ◽

The Cost

The forced work of Russian universities remotely in the context of the pandemic (COVID-19) has generated a lot of discussion about the benefits of the new form of education. The first results were summed up and reports were presented, the materials of which showed that the main goal of online education — the prevention of the spread of infection, - has been achieved. Against this background, proposals and publications have appeared substantiating the effectiveness of the massive introduction of distance learning in Russia, including in higher education. However, the assessment of such training by the population and students in publications and in social networks was predominantly negative and showed that the number of emerging problems exceeds the possible benefits of the new educational technology. Based on the analysis of the materials of publications and personal experience of teaching online, the potential benefits and problems of distance learning in higher education in Russia are considered. It is proposed to consider the effects separately for the suppliers of new technology (government, universities) and consumers (students, teachers, society). It is substantiated that the massive introduction of online education allows not only to reduce the negative consequences of epidemics, but also to reduce budgetary funding for universities, optimize the age composition of teachers, and reduce the cost of maintaining educational buildings. However, there will be a leveling / averaging of the quality of education, and responsibility for the quality of training will shift from the state/universities to students. The critical shortcomings of online education are the low degree of readiness of the digital infrastructure, the lack of a mechanism for identifying and monitoring the work of students, information security problems, and the lack of trust in such training of the population. The massive use of online education creates a number of risks for the country, the most critical of which is the destruction of the higher education system and a drop in the effectiveness of personnel training. The consequences of this risk realization are not compensated by any possible budget savings.

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