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A Low-Cost Intervention For Reducing Costs From Higher Education Dropout: The Dropout Reduction Model

Author

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  • Ran BAR-AM

    (West University of Timisoara, Romania)

Abstract

National investment in education improves national economic prosperity and contributing to development. In countries where there is significant investment in higher education at the national level, student dropout from higher education represents a major source of financial loss. There are also losses at the institutional level. Although the high cost of dropout is understood, institutions have failed to take responsibility for dropout reduction, owing in part to the additional cost associated with dropout prevention. To address this issue, we present, on the basis of theoretical and empirical literature, the Dropout Reduction Model. The Dropout Reduction Model focuses on institutional responsibility for (a) student commitment, (b) social support, and (c) institutional support and provides strategies for the improvement of each of these three values. Additionally, we propose a concrete intervention based on the Dropout Reduction Model, by which institutions can effect reductions in dropout rate without incurring significant costs. The intervention focuses on policy and pedagogy changes with minimal required inputs, thereby enabling institutions to reduce sunk costs from dropout without significant budgetary strain.

Suggested Citation

  • Ran BAR-AM, 2017. "A Low-Cost Intervention For Reducing Costs From Higher Education Dropout: The Dropout Reduction Model," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 2(4), pages 84-98.
  • Handle: RePEc:brc:brccej:v:2:y:2017:i:4:p:84-98
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    References listed on IDEAS

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    1. Matt Bergman, 2016. "From Stopout to Scholar: Pathways to Graduation through Adult Degree Completion Programs," International Journal of Information Communication Technologies and Human Development (IJICTHD), IGI Global, vol. 8(4), pages 1-12, October.
    2. Alejandro J. Ganimian & Richard J. Murnane, 2014. "Improving Educational Outcomes in Developing Countries: Lessons from Rigorous Impact Evaluations," NBER Working Papers 20284, National Bureau of Economic Research, Inc.
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