The impact of degree programmes on university expenditure
This research examines the impact of the number and mix of academic degree programmes on university operating expenditure in the United States. Statistical results are based on data for doctoral and research institutions without medical schools. After controlling for other factors influencing expenditure, additional degree programmes are associated with significant increases in expenditure, with doctoral programmes having a 40% higher marginal impact on total expenditure than baccalaureate programmes. Most institutions are found to be smaller than the expenditure-minimizing size and to have higher expenditure per full-time-equivalent student. As specified, the models explain a large amount of the variation in expenditure across the institutions.