Download This PaperA Value-Added Perspective on Higher Education
U.C. Irvine L. Rev. (2016) (Symposium)
11 Pages Posted: 2 Sep 2015
Date Written: September 1, 2015
Abstract
Higher education should not be evaluated based on good or bad outcomes, but rather based on value-added. Education can add substantial value even while producing unappealing outcomes, because those outcomes may still be better than realistic alternatives after considering heterogeneity in student populations. Conversely, education can fail even while producing attractive outcomes if a realistic alternative could have added more value.
Keywords: labor economics, higher education, student loans
JEL Classification: H52, I2, J2, J3
Suggested Citation: Suggested Citation
Michael Simkovic (Contact Author)
University of Southern California Gould School of Law ( email )
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Los Angeles, CA 90089
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University of Southern California - Marshall School of Business ( email )
701 Exposition Blvd
Los Angeles, CA California 90089
United States