| Author(s): | Auguste, B., Cota, A., Jayaram, K., and Laboissiere, M. |
| Title: | Winning by degrees: The strategies of highly productive higher-education institutions |
| Source: | http://www.mckinsey.com/clientservice/Social_Se... |
| Date: | 2010 |
| Organization: | McKinsey & Company |
| Short Description: | This report shows that to graduate up to one million more students per year without increasing public spending or compromising quality, the U.S. higher-education institutions would need to improve their degree completion productivity by an average of 23 percent. This sounds like a formidable challenge but research shows that it is feasible by boosting graduation rates and improving cost efficiency, as has been demonstrated by top quartile U.S. institutions that are already 17 to 38 percent more productive than their peer group average.
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| Annotation: | This report shows that to graduate up to one million more students per year without increasing public spending or compromising quality, the U.S. higher-education institutions would need to improve their degree completion productivity by an average of 23 percent. This sounds like a formidable challenge but research shows that it is feasible by boosting graduation rates and improving cost efficiency, as has been demonstrated by top quartile U.S. institutions that are already 17 to 38 percent more productive than their peer group average.
Through an in-depth study of detailed data on performance, costs and practices shared by eight highly productive schools, the authors identify five winning strategies, focusing on raising the rate at which students complete their degrees and improving cost efficiency. Together these strategies can result in over 60 percent higher degree productivity.
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