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Quality Measures Of Universities And The Determinants Of Tuition In South Korea, Young Hoon Ko
Quality Measures Of Universities And The Determinants Of Tuition In South Korea, Young Hoon Ko
MPA/MPP/MPFM Capstone Projects
University tuition had increased in highly excess of the inflation rate from 1990s until 2008. Many people are wondering whether the quality of university education is proportional to the tuition level. Thus, this capstone project examines whether the quality measures in higher education can predict the tuition level.
After analyzing eight-year data of 146 private universities in South Korea, I get the result that university tuition is not a function of quality measures in terms of educational costs. However, tuition is a function of quality measures related with attractiveness, accomplishment, and satisfaction. Incoming student recruitment rate, and drop-out rate have …