Student performance and the cost of failure

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Please use this identifier to cite or link to this item: http://hdl.handle.net/1959.3/223308

Title: Student performance and the cost of failure
Author(s): Dobson, Ian R.; Sharma, Raj
Abstract: This paper examines student performance and calculates the theoretical cost of academic failure by Australian undergraduates, using factors implicit in government funding formulae. In order to survive, higher education institutions have had to diversify their funding base and at the same time the government appears now to perceive its contributions as a subsidy to university students, rather than as being an investment in society's broad human infrastructure. The demand for accountability has increased, and output-based funding is much discussed. The ultimate university 'output' is student success, and governments could place a monetary value on this in a very direct way. This paper takes a methodological approach in analysing the cost of failure.
Publication type: Journal article
Research centre: Swinburne University of Technology
Source: Tertiary Education and Management, Vol. 5, no. 2 (1999), pp. 141-157
Publication year: 1999
FOR Code(s): 1303 Specialist Studies in Education
Keyword(s): Accountability; Australia; Education funding; Higher education; Output-based funding; Performance-based funding; Tertiary education
Publisher: Routledge
ISSN: 1573-1936
Publisher URL: http://dx.doi.org/10.1080/13583883.1999.9966987
Peer reviewed