A Model to Determine What a Degree Should Cost Lee Holcombe Director Higher Education Policy Institute
Texas Higher Education Policy Institute 2 Definition of Cost to Degree (CTD) Total costs incurred by students of a cohort as they progress to (non-)completion over a six-year window Disaggregate by completion status, field of study, type of institution, institution, and level of degree Multiple cohorts Community college 2 4YR (students who start at 2YR, start at 4YR) Masters Doctorate
Texas Higher Education Policy Institute 3 Data Student level enrollment from fall 2004 through summer 2010 in any Texas public higher education institution Annual cost study conducted to support the formula funding allocation Cost per SCH Level (Core, lower and upper level) Discipline Institution-year Includes all costs except auxiliary
Texas Higher Education Policy Institute 4 Conceptual Map Changes in COST TO DEGREE DRIVERS Changes in NON-COMPLETION RATE Changes in SCHs TO DEGREE Changes in COST PER SCH Changes in state/institutional policies (e.g. Cost Efficiency Report recommendations)