we’ve been answering the wrong questions: time to answer the right accountability questions robert...
TRANSCRIPT
![Page 1: We’ve Been Answering the Wrong Questions: Time to Answer the Right Accountability Questions Robert Daly Assistant Vice Chancellor, Academic Planning and](https://reader035.vdocuments.site/reader035/viewer/2022081519/56649e2b5503460f94b1a66d/html5/thumbnails/1.jpg)
We’ve Been Answering the Wrong Questions:
Time to Answer the Right Accountability Questions
Robert DalyAssistant Vice Chancellor, Academic Planning and
BudgetUniversity of California, Riverside
November 14, 2008
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Colleges are facing more and more demands to be
accountable
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Institutional Researchers are key to answering
accountability questions
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We’re answeringthe wrong questions!
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What are the right
questions?
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Why does it
cost so
much?
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Tuition and feeshave been increasing
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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
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What else is pushing uptuition and fees?
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Is it worth
it?
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A college degree isan investment decision
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What is the return on investment
of a bachelor’s degree?
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How do we measurea degree’s social value?
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Why are these the right
questions?
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Who’s asking theseaccountability questions?
Parents and Students
Legislators
College Leaders
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Parents’ concerns are obtained from a Public Policy Institute
survey
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Parents are worried aboutwhy it costs so much
“How about the overall affordability ofeducation for students in California’s
public colleges and universities today? ”
Big problem 53%
Somewhat a problem 31%
Not much of a problem 14%
Don’t know 2%
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Parents believe a bachelor’s degree is needed to be
successful
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Legislators keep calling formore accountability
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What makes a bachelor’s degree worth $50,000 at a UC
campus?
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How do we answer theseaccountability
questions?
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Must separate internal questions from external
questions
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Data is needed for the management of the college
• Student Faculty Ratios• Teaching Loads• Degrees Conferred• Research
Expenditures• Diversity•
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Accountability data for external audiences must
answer these two questions
• Why does it cost so much
• Is it worth it?
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Calculating net cost is not difficult
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Use alumni surveys to collect valuable salary information
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Ask carefully craftedquestions about was it worth it
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Calculate measures likereturn on investment
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Calculate the return to California through increased
tax revenue
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Calculate estimates of salaries earned by your graduates
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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.
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Time to Answer Those Two Accountability
Questions
1. Why does it cost so much?
2. Is it worth it?
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References