We’ve Been Answering the Wrong Questions: Time to Answer the Right Accountability Questions Robert Daly Assistant Vice Chancellor, Academic Planning and.

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Presentation transcript:

We’ve Been Answering the Wrong Questions: Time to Answer the Right Accountability Questions Robert Daly Assistant Vice Chancellor, Academic Planning and Budget University of California, Riverside November 14, 2008

Colleges are facing more and more demands to be accountable

Institutional Researchers are key to answering accountability questions

We’re answering the wrong questions!

What are the right questions?

Why does it cost so much?

Tuition and fees have been increasing

William Galston, Senior Fellow, Brookings Institution Patricia McGuire, President, Trinity Washington University David Baime, Vice President for Government Relations, American Association for Community Colleges William Galston, Senior Fellow, Brookings Institution

What else is pushing up tuition and fees?

Is it worth it?

A college degree is an investment decision

What is the return on investment of a bachelor’s degree?

How do we measure a degree’s social value?

Why are these the right questions?

Who’s asking these accountability questions? Parents and Students Legislators College Leaders

Parents’ concerns are obtained from a Public Policy Institute survey

Parents are worried about why it costs so much “How about the overall affordability of education for students in California’s public colleges and universities today? ” Big problem53% Somewhat a problem31% Not much of a problem14% Don’t know 2%

Parents believe a bachelor’s degree is needed to be successful

Legislators keep calling for more accountability

What makes a bachelor’s degree worth $50,000 at a UC campus?

How do we answer these accountability questions?

Must separate internal questions from external questions

Data is needed for the management of the college Student Faculty Ratios Teaching Loads Degrees Conferred Research Expenditures Diversity 

Accountability data for external audiences must answer these two questions Why does it cost so much Is it worth it?

Calculating net cost is not difficult

Use alumni surveys to collect valuable salary information

Ask carefully crafted questions about was it worth it

Calculate measures like return on investment

Calculate estimates of salaries earned by your graduates

Calculate the return to California through increased tax revenue

Calculate estimates of salaries earned by your graduates

Calculate the return to California through increased tax revenue Simply: $11,900 minus $6,600 = $5,300. California taxes are about 20% of this, so about $1,000 per year extra. Working 35 years, times the $1,000 is $35,000 additional to California.

Time to Answer Those Two Accountability Questions 1. Why does it cost so much? 2. Is it worth it?

References