Cover: The Evaluation of Decision-Relevant Attributes of a Public System of Higher Education.

The Evaluation of Decision-Relevant Attributes of a Public System of Higher Education.

by James S. Dyer

Purchase Print Copy

 FormatList Price Price
Add to Cart Paperback53 pages $23.00 $18.40 20% Web Discount

Summarizes an empirical evaluation of attributes of two alternative approaches to expanded public higher education in Texas: (1) expansion of existing senior institutions to meet projected enrollment for 1980, and (2) construction of new four-year public institutions. Costs and benefits of higher education were estimated on a per-student or per-graduate basis and were analyzed relative to both the individual and the state. Results indicate that the first alternative is cheaper but does not encourage low-income individuals to enroll in the system. Comparison of the effects of the alternatives on the state economy seems to indicate that expected costs would be greater than the benefits. Expansion of higher education does not seem to affect state tax revenue significantly. However, rate of return from higher education is expected to be approximately 10 percent for individuals. No economic values were estimated for "noneconomic" returns from higher education (e.g., increased voting rate and reduced unemployment). 53 pp. Bibliog.

This report is part of the RAND Corporation Paper series. The paper was a product of the RAND Corporation from 1948 to 2003 that captured speeches, memorials, and derivative research, usually prepared on authors' own time and meant to be the scholarly or scientific contribution of individual authors to their professional fields. Papers were less formal than reports and did not require rigorous peer review.

This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited; linking directly to this product page is encouraged. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial purposes. For information on reprint and reuse permissions, please visit

The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.