HiEdCo
Government Administration - Saint Cloud, Florida, United States
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HiEdCo is a higher education consultant group of experts and research partners that seek to leverage, among others, economic models, causal calculus, and inversive thinking to hedge against false logic, bias, and heuristic reasoning.An overwhelming majority of Americans continue to believe in the value and importance of post-secondary education despite of the fodder of media reports on various crises facing higher education, political debates regarding costs and outcomes, and scandals that only succeed in putting college access reform on center stage through sensationalism. The most recent Gallup poll (2016) found that 70 percent of Americans consider college degrees or post-secondary professional certificates very important for the country. Current studies to measure impacts of expansionary policies on access, outcomes, and quality fall victim to myopia. To understand how multifaceted, interconnected, and increasingly complex fiscal policies and programs that regulate post-secondary education impact each other, we acknowledge the need for a multidisciplinary approach rooted in economic principles backed by data models.Modeling the higher education market is integral to policy-making. In equilibrium, models of the higher education market generally observe three basic, albeit multifaceted forces that shift supply and demand: public and private intitutions with disparate objectives, enrollment goals, and selection criteria; current and prospective students, the heterogeneity of their backgrounds, and the idiosyncrasies of their behaviors, intentions, and decisions; and federal and state policies shaped by shifting political, public, and private interests.Amidst newly emerging studies that consistently show that rapidly implemented half-baked college expansion programs pose significant and potentially hazardous consequences both in the short- and long-run, it's time we appreciate the complexity of the US market of higher education and study it accordingly.
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