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An economic case for systematic student monitoring and intervention in the first year in higher education

By Andrew D. Marrington, Karen J. Nelson and John A. Clarke

Abstract

Previous work has established the effectiveness of systematically monitoring first year higher education students and intervening with those identified as at-risk of attrition. This nuts-and-bolts paper establishes an economic case for a systematic monitoring and intervention program, identifying the visible costs and benefits of such a program at a major Australian university. The benefit of such a program is measured in savings to the institution which would otherwise be lost revenue, in the form of retained equivalent full-time student load (EFTSL). The session will present an economic model based on a number of assumptions. These assumptions are explored along with the applicability of the model to other institutions

Topics: 130103 Higher Education, HERN
Publisher: Queensland University of Technology Publications
Year: 2010
OAI identifier: oai:eprints.qut.edu.au:33231

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