Evaluating Navy's Funded Graduate Education Program: A Return-on-Investment Framework

Kamarck, Kristy N.; Thie, Harry J.; Adelson, Marisa; Krull, Heather

doi:10.1037/e647412010-001

Cited by 2 publications

(3 citation statements)

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“…While most of the report analyzes the political landscape, military policies, and guidance on education, it includes only one paragraph explaining the potential benefts of an ofcer with a graduate degree. Using generalized and highly subjective, rough, order-magnitude estimates, it notes that "ROI can only be justifed with an ofcer's long-continued service and reutilization post-education" (Kamarck et al, 2010). This indicates that even a detailed study performed by one of the world's most prestigious think tanks falls short of determining an adequately robust ROI measure for military education.…”

Section: Research Motivationmentioning

confidence: 99%

“…Evaluating the qualitative efects of a graduate education poses several challenges. DoD educational policy suggests broader and more extensive use of graduate education than simply flling billets that have been determined to require it (Kamarck et al, 2010). The question, therefore, is whether the beneft gained from a graduate military education is worth the high cost.…”

Section: Roi In Military Educationmentioning

confidence: 99%

“…Finally, the Work Life-Cycle Approach can be used to determine the life-cycle valuation of education. According to Kamarck et al (2010), several past studies of individuals with privately funded education such as an MBA or other technical master's degree show that they earn an average rate of return of at least 46% more than a bachelor's degree in a 2008 study, and the ROI ranges between 27% to 36% for an MBA.…”

Section: Work Life-cycle Approachmentioning

confidence: 99%

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Optimizing Warfighters’ Intellectual Capability: Return on Investment of Military Education and Research

Mun¹

2022

Defense ARJ

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The Department of Defense (DoD) sends a large number of officers to various military universities to obtain graduate degrees, perform academic research, and acquire the technical skills and nontechnical competencies highly valued in their respective billets. The cost of sending an officer to a 1.5- to 2-year program for a master’s degree or doctorate may be upwards of $250,000–$500,000 per officer, plus the costs associated with temporary duty away from their billets for 3–4 years. The question is whether the benefits of such education and research are indeed greater than the cost incurred by the DoD. The proposed methodologies in this article apply theoretical constructs by using a systems approach to utilization; convolution methods to determine the frequency and quantity of use; and an analytical framework, empirical impact analysis, and work life-cycle approach. The research also includes an examination of three short case studies that deal with the value of military research: (1) a return on investment (ROI) case study on the Naval Postgraduate School Acquisition Research Program (NPS ARP); (2) an ROI case study on the ROI of NPS education; and (3) an ROI case study on Defense Acquisition University. The research findings indicate a statistically significant positive impact on the retention of graduating officers, lower attendance cost, and greater DoD control of the courses covered. Finally, the author concludes that the ROI of a training initiative might be intrinsic, unmeasurable, and subjective, rather than simple applications of specific knowledge or learned skill sets on the job.

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Section: Research Motivationmentioning

confidence: 99%

Section: Roi In Military Educationmentioning

confidence: 99%

Section: Work Life-cycle Approachmentioning

confidence: 99%

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Optimizing Warfighters’ Intellectual Capability: Return on Investment of Military Education and Research

Mun¹

2022

Defense ARJ

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Investing in health workers: a retrospective cost analysis of a cohort of return-of-service bursary recipients in Southern Africa

Mabunda,

Durbach,

Chitha

et al. 2024

BMJ Glob Health

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BackgroundReturn-of-service (RoS) schemes are investment strategies that governments use to increase the pool of health professionals through the issuing of bursaries and scholarships to health sciences students in return for service after graduation. Despite using these schemes for many years, Eswatini, South Africa, Botswana and Lesotho have not assessed the costs and return on investment of these schemes. This study aimed to assess the costs and relative rates of contract defaulting in these four Southern African countries.MethodsA retrospective cohort study was carried out by reviewing databases of RoS beneficiaries for selected health sciences programmes who were funded between 2000 and 2010. Costs of the schemes were assessed by country, degree type and whether bursary holders completed their required service or defaulted on their public service obligations.ResultsOf the 5616 beneficiaries who studied between 1995 and 2019 in the four countries, 1225 (21.8%) beneficiaries from 2/9 South African provinces and Eswatini were presented in the final analysis. Only Eswatini had data on debt recovery or financial repayments. Beneficiaries were mostly medical students and slightly biased towards males. Medical students benefited from 56.7% and 81.3% of the disbursement in Eswatini (~US$2 million) and South Africa (~US$57 million), respectively. Each South African medical student studying in Cuba cost more than five times the rate of medical students who studied in South Africa. Of the total expenditure, 47.7% and 39.3% of the total disbursement is spent on individuals who default the RoS scheme in South Africa and Eswatini, respectively.ConclusionsRoS schemes in these countries have loss of return on investment due to poor monitoring. The schemes are costly, ineffective and have never been evaluated. There are poor mechanisms for identifying beneficiaries who exit their contracts prematurely and inadequate debt recovery processes.

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Evaluating Navy's Funded Graduate Education Program: A Return-on-Investment Framework

Cited by 2 publications

References 0 publications

Optimizing Warfighters’ Intellectual Capability: Return on Investment of Military Education and Research

Optimizing Warfighters’ Intellectual Capability: Return on Investment of Military Education and Research

Investing in health workers: a retrospective cost analysis of a cohort of return-of-service bursary recipients in Southern Africa

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