A Value-Added Perspective on Higher Education

U.C. Irvine L. Rev. (2016) (Symposium)

11 Pages Posted: 2 Sep 2015

See all articles by Michael Simkovic

Michael Simkovic

University of Southern California Gould School of Law; University of Southern California - Marshall School of Business

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

Simkovic, Michael, A Value-Added Perspective on Higher Education (September 1, 2015). U.C. Irvine L. Rev. (2016) (Symposium), Available at SSRN: https://ssrn.com/abstract=2654398

Michael Simkovic (Contact Author)

University of Southern California Gould School of Law ( email )

699 Exposition Boulevard
Los Angeles, CA 90089
United States

University of Southern California - Marshall School of Business ( email )

701 Exposition Blvd
Los Angeles, CA 90089
United States

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