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Evaluating University Degree Programs Regarding the Effective Use of Public and Private Funding

Author

Listed:
  • Douglas Burleigh

    (La Jolla Cove Consulting, San Diego CA 92117, USA,)

  • Marina Kuimova

    (National Research Tomsk Polytechnic University, Lenin Avenue 30, Tomsk, 634050, Russia)

  • Maxim Mazhanov

    (National Research Tomsk Polytechnic University, Lenin Avenue 30, Tomsk, 634050, Russia.)

Abstract

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 fi eld 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 fi eld and to predict the probability of employment.

Suggested Citation

  • Douglas Burleigh & Marina Kuimova & Maxim Mazhanov, 2017. "Evaluating University Degree Programs Regarding the Effective Use of Public and Private Funding," International Review of Management and Marketing, Econjournals, vol. 7(1), pages 465-469.
  • Handle: RePEc:eco:journ3:2017-01-60
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    References listed on IDEAS

    as
    1. Jaison R. Abel & Richard Deitz & Yaquin Su, 2014. "Are recent college graduates finding good jobs?," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 20.
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    More about this item

    Keywords

    Degree Programs; Education Loan; Employment; Higher Education; Labor Market; Public Funding; Return on Investment;
    All these keywords.

    JEL classification:

    • I26 - Health, Education, and Welfare - - Education - - - Returns to Education
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy

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