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An economic case for systematic student monitoring and intervention in the first year in higher education
Conference paper   Open access

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

Andrew D Marrington, Karen J Nelson and John A Clarke
Proceedings of the 13th Pacific Rim First Year in Higher Education Conference, pp.1-5
Pacific Rim First Year in Higher Education (FYHE) Conference: Aspiration - Access - Achievement, 13th (Adelaide, Australia, 27-Jun-2010–30-Jun-2010)
Queensland University of Technology
2010
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Abstract

Education Systems Specialist Studies in Education Other Education HERN
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.

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