2 research outputs found
Improving Graduation Rate Estimates Using Regularly Updating Multi-Level Absorbing Markov Chains
American universities use a procedure based on a rolling six-year graduation
rate to calculate statistics regarding their students' final educational
outcomes (graduating or not graduating). As~an alternative to the six-year
graduation rate method, many studies have applied absorbing Markov chains for
estimating graduation rates. In both cases, a frequentist approach is used.
For~the standard six-year graduation rate method, the frequentist approach
corresponds to counting the number of students who finished their program
within six years and dividing by the number of students who entered that year.
In the case of absorbing Markov chains, the frequentist approach is used to
compute the underlying transition matrix, which is then used to estimate the
graduation rate. In this paper, we apply a sensitivity analysis to compare the
performance of the standard six-year graduation rate method with that of
absorbing Markov chains. Through the analysis, we highlight significant
limitations with regards to the estimation accuracy of both approaches when
applied to small sample sizes or cohorts at a university. Additionally, we note
that the Absorbing Markov chain method introduces a significant bias, which
leads to an underestimation of the true graduation rate. To~overcome both these
challenges, we propose and evaluate the use of a regularly updating multi-level
absorbing Markov chain (RUML-AMC) in which the transition matrix is updated
year to year. We empirically demonstrate that the proposed RUML-AMC approach
nearly eliminates estimation bias while reducing the estimation variation by
more than 40%, especially for populations with small sample sizes
Quantifying the relationship between student enrollment patterns and student performance
Simplified categorizations have often led to college students being labeled
as full-time or part-time students. However, at many universities student
enrollment patterns can be much more complicated, as it is not uncommon for
students to alternate between full-time and part-time enrollment each semester
based on finances, scheduling, or family needs. While prior research has
established full-time students maintain better outcomes then their part-time
counterparts, limited study has examined the impact of enrollment patterns or
strategies on academic outcomes. In this paper, we applying a Hidden Markov
Model to identify and cluster students' enrollment strategies into three
different categorizes: full-time, part-time, and mixed-enrollment strategies.
Based the enrollment strategies we investigate and compare the academic
performance outcomes of each group, taking into account differences between
first-time-in-college students and transfer students. Analysis of data
collected from the University of Central Florida from 2008 to 2017 indicates
that first-time-in-college students that apply a mixed enrollment strategy are
closer in performance to full-time students, as compared to part-time students.
More importantly, during their part-time semesters, mixed-enrollment students
significantly outperform part-time students. Similarly, analysis of transfer
students shows that a mixed-enrollment strategy is correlated a similar
graduation rates as the full-time enrollment strategy, and more than double the
graduation rate associated with part-time enrollment. Such a finding suggests
that increased engagement through the occasional full-time enrollment leads to
better overall outcomes