What is the Value of Graduate Education? An Economic Analysis of Army Medical Department Graduate Programs

Academic Article

Abstract

  • Current and forward-looking resource constraints within the federal health system and general health market are generating questions of fiscal or economic viability of a number of programs including graduate education. This article establishes a framework for assessing economic value among graduate health-related programs within the Army Medical Department. The findings of this analysis indicated that the programs evaluated in the study generate positive economic value based on a market-based valuation of extrinsic benefits compared to extrinsic costs for conducting graduate education within each of the programs. Suggestions for future research and policy application are also discussed.
  • Authors

  • Bewley, Lee
  • Broom, Kevin
  • Bonica, Mark
  • Publication Date

  • January 1, 2014
  • Published In

    Start Page

  • 7
  • End Page

  • 7
  • Volume

  • January - March, 2014