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We’ve Been Answering the Wrong Questions: Time to Answer the Right Accountability Questions

We’ve Been Answering the Wrong Questions: Time to Answer the Right Accountability Questions. Robert Daly Assistant Vice Chancellor, Academic Planning and Budget University of California, Riverside November 14, 2008. Colleges are facing more and more demands to be accountable.

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We’ve Been Answering the Wrong Questions: Time to Answer the Right Accountability Questions

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  1. We’ve Been Answering the Wrong Questions:Time to Answer the Right Accountability Questions Robert Daly Assistant Vice Chancellor, Academic Planning and Budget University of California, Riverside November 14, 2008

  2. Colleges are facing more and more demands to be accountable

  3. Institutional Researchers are key to answering accountability questions

  4. We’re answeringthe wrong questions!

  5. What are the right questions?

  6. Why does it cost so much?

  7. Tuition and feeshave been increasing

  8. 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

  9. What else is pushing uptuition and fees?

  10. Is it worth it?

  11. A college degree isan investment decision

  12. What is the return on investmentof a bachelor’s degree?

  13. How do we measurea degree’s social value?

  14. Why are these the right questions?

  15. Who’s asking theseaccountability questions? Parents and Students Legislators College Leaders

  16. Parents’ concerns are obtained from a Public Policy Institute survey

  17. Parents are worried aboutwhy it costs so much

  18. Parents believe a bachelor’s degree is needed to be successful

  19. Legislators keep calling formore accountability

  20. What makes a bachelor’s degree worth $50,000 at a UC campus?

  21. How do we answer theseaccountability questions?

  22. Must separate internal questions from external questions

  23. Data is needed for the management of the college • Student Faculty Ratios • Teaching Loads • Degrees Conferred • Research Expenditures • Diversity • 

  24. Accountability data for external audiences must answer these two questions • Why does it cost so much • Is it worth it?

  25. Calculating net cost is not difficult

  26. Use alumni surveys to collect valuable salary information

  27. Ask carefully craftedquestions about was it worth it

  28. Calculate measures likereturn on investment

  29. Calculate the return to California through increased tax revenue

  30. Calculate estimates of salaries earned by your graduates

  31. 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.

  32. Time to Answer Those Two Accountability Questions • 1. Why does it cost so much? • 2. Is it worth it?

  33. References

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