A Shared-Cost-Profit Model of Teaching Materials for Higher Education
Bibliographic Data
| ID | 2801275 |
|---|---|
| Authors | Melanie Banfield (0000-0002-3024-1687, corresponding author) |
| Year | 2021 |
| Volume | 80 |
| Issue | 1 |
| Pages | 231-252 |
| Publication date | 2021-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | American Journal of Economics and Sociology (JOURNAL) |
| Journal identifiers | ISSN: 0002-9246 • E-ISSN: 1536-7150 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/ajes.12374 |
| OpenAlex | W3150561446 |
| Language | EN |
| References cited | 3 |
In this article, I assess the cost-value crisis facing institutions of higher education; as the cost of higher education grows, students grow increasingly skeptical of the value of their degrees. The COVID-19 pandemic has accelerated this crisis as institutions across the country have been forced to move to a fully or partially online model of instruction. In an effort to reduce costs, institutions have increased the number of low-paid, part-time adjunct faculty teaching introductory courses and have promoted the use of free and open online educational resources (OER). Both solutions lack sustainability and do little to solve the "value" question of higher education. I demonstrate how a shared-cost-profit model could address both issues of sustainability and value
Business · Coronavirus disease 2019 (COVID-19) · Economic growth · Economics · Higher education · Microeconomics · Political science · Profit (economics) · Public relations · Skepticism · Sustainability · Value (mathematics) · Computer Science · Higher Education Practises and Engagement · Innovations in Educational Methods · Medicine · Open Education and E-Learning
| Citation velocity | historical |
|---|---|
| Highly cited | No |