ERIC Number: ED164595
Record Type: RIE
Publication Date: 1978
Reference Count: 0
That's a Very Good Question: The Economic Impact of Credit by Examination.
Valley, John R.
Three papers--by educational economists Kurt L. Kendis, Steven J. Klees, and Alan P. Wagner--independently examine the economic impact of college credit by examination (CBE) on students, institutions, and higher educational systems. Major issues are identified and further research topics are suggested. Kendis suggests the following results of CBE: changing enrollment patterns; increased teaching load of tenured faculty; increased needs related to services for nontraditional students, and administrative and data processing support; greater alumni support; greater student interest in attending CBE institutions; diminished need for financial aid; and modified recruitment procedures. He suggests that advanced placement for proficiency programs require flexibility from both students and schools. Klees lists a number of potential benefits of CBE, noting that what is beneficial to one party may not be beneficial to another--a student's saving of tuition results in less income for the university. Wagner examines the costs (both increased and decreased), as well as the benefits and problems for the student who graduates early, and for the student who receives credit and then enrolls for additional courses in a different area. He suggests further research studies and estimates their funding requirements. Extensive bibliographies are included in each paper. (GDC)
Descriptors: Advanced Placement, Bibliographies, College Credits, Cost Effectiveness, Educational Benefits, Educational Economics, Equivalency Tests, Higher Education, Literature Reviews, Research Needs, Student Placement, Testing Problems
Educational Testing Service, Princeton, New Jersey 08541 (no charge)
Publication Type: Reports - Research
Education Level: N/A
Sponsor: College Entrance Examination Board, Princeton, NJ.
Authoring Institution: Educational Testing Service, Princeton, NJ.
Identifiers: Advanced Placement Examinations; College Level Examination Program