Transactions on Data Analysis in Social Science

Transactions on Data Analysis in Social Science

Factors Affecting the Cost Reduction of Private Universities

Document Type : Original Article

Authors
1 Professor, Faculty of Economics, Aria University, Mazar-i-Sharif, Afghanistan
2 MSc student, Faculty of Economics, Aria University, Mazar-i-Sharif, Afghanistan
Abstract
Private universities hold a pivotal role in higher education globally, although the high tuition fees associated with these institutions can create barriers to access for certain individuals. Addressing the financial aspects of private universities becomes imperative. This descriptive survey centers on the statistical population of professors from both public and private universities, as well as private higher education institutions in Mazar-e-Sharif city, with a sample size of 30 participants. According to employees' perspectives, all five factors under scrutiny exhibit an impact above the average in reducing expenses for private universities, establishing them as significant contributors to cost reduction. The research findings highlight the most effective methods for reducing university costs, ranked in order of importance. These methods include the implementation and oversight of control measures, the automation of administrative, financial, educational, and research systems, the optimization of university activities, downsizing the university, and enhancing human resources efficiency. Significantly, the implementation of supervision and control emerges as the most impactful in cost reduction, while human resources organization exerts the least impact. This nuanced exploration sheds light on practical strategies for mitigating the financial challenges faced by private universities, ultimately promoting greater accessibility to higher education.
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Volume 5, Issue 4
Autumn 2023
Pages 185-195

  • Receive Date 02 August 2023
  • Revise Date 29 September 2023
  • Accept Date 24 November 2023