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An economic case for systematic student monitoring and intervention in the first year in higher education

Marrington, Andrew D., Nelson, Karen J., & Clarke, John A. (2010) An economic case for systematic student monitoring and intervention in the first year in higher education. In Proceedings of 13th Pacific Rim First Year in Higher Education Conference, Queensland University of Technology Publications, Adelaide.

Abstract

Previous work has established the effectiveness of systematically monitoring first year higher education students and intervening with those identified as at-risk of attrition. This nuts-and-bolts paper establishes an economic case for a systematic monitoring and intervention program, identifying the visible costs and benefits of such a program at a major Australian university. The benefit of such a program is measured in savings to the institution which would otherwise be lost revenue, in the form of retained equivalent full-time student load (EFTSL). The session will present an economic model based on a number of assumptions. These assumptions are explored along with the applicability of the model to other institutions.

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ID Code: 33231
Item Type: Conference Paper
Keywords: HERN
Subjects: Australian and New Zealand Standard Research Classification > EDUCATION (130000) > EDUCATION SYSTEMS (130100) > Higher Education (130103)
Divisions: Current > QUT Faculties and Divisions > Chancellery
Copyright Owner: Copyright 2010 [please consult the authors]
Deposited On: 23 Jul 2010 07:50
Last Modified: 23 Jul 2010 07:50

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