What is the value of graduate education? An economic analysis of Army Medical Department Graduate Programs.
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.
Graduate School, Academy of Health Sciences, US Army Medical Department Center and School.
Lee W
LW
Bewley
Kevin D
KD
Broom
Mark
M
Bonica
D004503:Education, Medical, Graduate / Q000191:economics*; D006801:Humans; D008887:Military Medicine / Q000191:economics* / Q000193:education*; D008889:Military Personnel / Q000193:education*; D014481:United States