الجدوى الاقتصادية من برامج البكالوريوس في جامعة العلوم التطبيقية الخاصة لعام 2006 2007

Abstract EN

This study aimed at identifying the economic feasibility of undergraduate programs at Applied Science Private University, Amman, Jordan for the academic year 2006/2007.

In particular, the study tried to answer the following questions: 1.

What is the public and private cost for the undergraduate student at Applied Science Private University? 2.

What is the actual economic return for an undergraduate student at Applied Science Private University? 3.

What are the public and private internal rates of return of undergraduate programs at Applied Science Private University? The population of the study included two categories: the first category consisted of 7245 students in 9 faculties at Aِِِِِpplied Science Private University, and the second consisted of public and private institutions in Jordan in which Bachelor degree holders work.

A sample of 2974 students was randomly chosen from Applied Science Private University for calculating the private cost of students.

In order to calculate the economic returns of the programs of study, 30 public and private institutions in which Bachelor degree holders work were chosen.

The findings of the study showed that the public cost of undergraduate programs ranged from JD 485-6336, the private cost from JD 5953-7927, and the actual economic return through active life span from JD 15409- 317772.

The study resulted in a public rate of return ranging from (-11%)- (60%), and a private rate of return ranging from (8%)-(11%).

The study also showed that the public and private cost and rates of return for education in undergraduate programs were higher than the rate of interest on the deposits in commercial banks which was 7.5% during the academic year 2006/2007.

This finding confirms the profitability of the investment in undergraduate programs at Applied Science Private University, except for the investment in the Faculty of Allied Medical Sciences, where it is non-profitable for the university, although it is profitable for the student.