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Student Tuition Models in Private and Public Higher Education [microform] / George B. Weathersby
Bib ID 5217224
Format BookBook, MicroformMicroform, OnlineOnline
Author
Weathersby, George B
 
Online Versions
Description [Washington, D.C.] : Distributed by ERIC Clearinghouse, 1970 
27 p. 
Summary

This paper presents a mathematical model for use in determining student tuition charges at public and private institutions. This model treats higher education as an economic commodity, with the price to the consumer--in the form of tuition--as an algebraic function of supply, demand, and quality. The model provides one set of solutions to such problems as the optimum size and the pricing policy of private institutions, the pricing policies associated with various public objectives, and the extent to which the public sector should subsidize higher education. The model, which is simple and abstract, offers no definitive answers, but does provide a framework for the creation of a rational pricing policy for higher education. (RA)

Notes

ERIC Note: Paper presented at Operations Research Society of America National Meeting (38th, Detroit, Michigan, October 28-30, 1970).

Educational level discussed: Higher Education.

May also be available online. Address as at 14/8/18: https://eric.ed.gov/

Reproduction Microfiche. [Washington D.C.]: ERIC Clearinghouse microfiches : positive. 
Subjects Educational Economics.  |  Educational Finance.  |  Higher Education.  |  Labor Needs.  |  Mathematical Models.  |  Private Colleges.  |  Private Financial Support.  |  State Aid.  |  Student Costs.  |  Tuition.
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