ERIC Number: EJ1299615
Record Type: Journal
Publication Date: 2021-Jul
Pages: 24
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-0018-1560
EISSN: N/A
Universities' Responses to Crises: The Influence of Competition and Reputation on Tuition Fees
Civera, Alice; Cattaneo, Mattia; Meoli, Michele; Paleari, Stefano; Seeber, Marco
Higher Education: The International Journal of Higher Education Research, v82 n1 p61-84 Jul 2021
Modern societies regularly face crises that have major disruptive effects. Learning from past crises can inform better choices and policies when facing a new one. Following the 2008 global financial crisis, higher education scholars explored its effects on students' tuition fees through cuts in public funding. This article instead investigates how universities' decisions on tuition fees have been affected by other factors, beyond the decrease in public funds. As such, it explores the role of competition and reputation in affecting universities' decisions on tuition fees when facing a crisis. Using data from 59 public Italian universities in the period between 2003 and 2014, we found that universities increased tuition fee by an average of 27% per student in response to the crisis. At the same time, high competition mitigated the increase of tuition fees, except for the case of highly reputed universities, which charged even higher tuition. These findings highlight the importance of monitoring fees in times of crises, as well as the complex role of competition and reputation in containing or inflating university tuition fees.
Descriptors: Universities, Crisis Management, Competition, Reputation, Tuition, Decision Making, Educational Finance
Springer. Available from: Springer Nature. One New York Plaza, Suite 4600, New York, NY 10004. Tel: 800-777-4643; Tel: 212-460-1500; Fax: 212-460-1700; e-mail: customerservice@springernature.com; Web site: https://bibliotheek.ehb.be:2123/
Publication Type: Journal Articles; Reports - Research
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A