Improving the Value of Higher Education by Eliminating the Enormous Waste

29 Pages Posted: 16 Feb 2014

See all articles by Hershey H. Friedman

Hershey H. Friedman

City University of New York - Department of Business Management

William Hampton-Sosa

City University of New York - Department of Finance

Linda Weiser Friedman

Baruch College, CUNY - Zicklin School of Business; CUNY - The Graduate Center

Date Written: February 13, 2014

Abstract

The government is spending a great deal of money in an effort to improve the completion rate of college students. So far, despite vast amounts of money spent, the six-year completion rate is a dismal 54%. This paper examines various solutions to this problem as well as how to reduce the great amount of waste in higher education.

Keywords: Completion rate, administrative bloat, responsibility center management, reducing waste in education.

JEL Classification: C00, C10, C40, I20, L15, L21, L82, L86, M31, M37, O3

Suggested Citation

Friedman, Hershey H. and Hampton-Sosa, William and Friedman, Linda Weiser, Improving the Value of Higher Education by Eliminating the Enormous Waste (February 13, 2014). Available at SSRN: https://ssrn.com/abstract=2395633 or http://dx.doi.org/10.2139/ssrn.2395633

Hershey H. Friedman (Contact Author)

City University of New York - Department of Business Management ( email )

William Hampton-Sosa

City University of New York - Department of Finance ( email )

2900 Bedford Avenue
Brooklyn, NY 11210
United States

Linda Weiser Friedman

Baruch College, CUNY - Zicklin School of Business ( email )

17 Lexington Avenue
New York, NY 10010
United States

HOME PAGE: http://cisnet.baruch.cuny.edu/friedman/

CUNY - The Graduate Center

365 Fifth Avenue
New York,, NY 10016
United States

Register to save articles to
your library

Register

Paper statistics

Downloads
310
Abstract Views
1,242
rank
97,391
PlumX Metrics