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Title: Donald H' Dutkowsky


1
  • Donald H. Dutkowsky
  • Professor of Economics
  • Syracuse University
  • Phone Number 315-443-1918
  • dondutk_at_maxwell.syr.edu
  • Gerald S. Edmonds
  • Director
  • Syracuse University Project Advance
  • (http//supa.syr.edu)
  • Phone Number 315-443-2404
  • gedmonds_at_syr.edu

2
  • Should a High School Adopt
  • Advanced Placement or a
  • Concurrent Enrollment Program?
  • An Expected Benefit Approach
  • By
  •  
  • Donald H. Dutkowsky
  • Jerry M. Evensky
  • Gerald S. Edmonds
  • Education Finance and Policy 3
  • (Summer 2009), 263-77.
  •  

3
Advanced Placement (AP) Versus Concurrent
Enrollment Programs (CEP)
  • Both offer challenging college or college-level
    courses to high school students.
  • Both are taught by a high school teacher who has
    been trained by the program.
  • Both offer the potential for the student to
    receive college recognition (credit, placement,
    advanced standing), decided upon by the college
    or university where he/she matriculates.
  • Both have no annual cost to the high school for
    offering the course or exam, but students incur a
    charge.

4
Advanced Placement (AP) Versus Concurrent
Enrollment Programs (CEP)
  • Eligibility for college credit.
    CEP course grade
    AP performance on AP exam
  • Higher probability for receiving college credit
    and therefore tuition savings comes from CEP
    than AP.
  • Cost for AP exam is lower than the tuition for
    the CEP course.

5
The Purpose of Our Study
  • To provide an explicit, formal framework for
    evaluating the financial benefits and costs of
    CEP versus AP into a single equation.
  • To determine conditions for when AP is favored
    and when CEP is favored, based upon the criterion
    of Expected Benefit.
  • Purely a cost-benefit analysis, abstracts from
    relative quality issues (assumes CEP and AP
    courses have equal quality).

6
The Purpose of Our Study
  • To provide a numerical simulation with realistic
    assumptions to estimate actual breakeven points
    for favoring CEP or AP, based upon Syracuse
    University Project Advance (SUPA).
  • To provide an operational gauge for an individual
    high school to determine whether to choose a CEP
    or AP (or both) for a given subject.

7
Data on Granting College Credit CEP and AP
  • We took random samples of institutions of higher
    education (source Carnegie Classification) to
    find out their policies for granting college
    credit for CEP courses and AP exam scores.
  • 60 Research/ Doctoral Universities (out of
    282).
  • 80 Masters Colleges and Universities (out
    of 665).
  • 100 Baccalaureate Colleges (out of 766).

8
Table 1Number of Colleges and Universities
Accepting or Rejecting CEP and AP for College
Credit
  • --------------------------------------------------
    --------------------------------------------------
    -----------------------
  • CEP Courses
    AP Exam

  • -----------------------------------------------
    ----------------------------------------------
  • Classification Accept Reject No
    Information Accept Reject No Information
  • --------------------------------------------------
    --------------------------------------------------
    -------------------------------------------
  • Doctoral 37
    1 22 52 1
    7
  •  
  • Masters 31
    0 49 75 0
    5
  •  
  • Baccalaureate 30 1
    69 81 0 19
  •  
  • Overall 98 2 140
    208 1 31
  • --------------------------------------------------
    --------------------------------------------------
    -----------------------
  • Notes. The data are compiled from information
    provided by the individual websites of the
    colleges and universities in the sample. For CEP
    we also use records of SUPA, based upon student
    surveys regarding acceptance or rejection of
    their course for college credit.

9
Table 2Number of Colleges and Universities
Granting
College Credit for AP Exam Performance(Minimum
Acceptable Scores of 3, 4, and 5)
  • --------------------------------------------------
    --------------------------------------------------
    ----------------------------------------
  • Classification/Course Calculus AB
    Macroeconomics English
    Literature
  • --------------------------------------------------
    --------------------------------------------------
    ----------------------------------------
  • Doctoral (37, 15, 1)
    (28, 19, 2)
    (26, 24, 2)
  •  
  • Masters (55, 7, 0)
    (49, 10, 0)
    (51, 11, 0)
  •  
  • Baccalaureate (51, 22, 1)
    (42, 26, 1)
    (44, 25, 3)
  •  
  • Overall (143, 44, 2)
    (119, 55, 3)
    (121, 60, 5)
  •  
  • National Percentage of
  • Students Receiving
  • Minimum Score, 2007 (58, 39, 20)
    (54, 37, 13) (61,
    28, 7)
  • --------------------------------------------------
    --------------------------------------------------
    -----------------------------------------
  • Notes. Data on the colleges and universities
    policies toward granting credit based upon the AP
    exam score come from their individual websites.
    Percentages in the last row are computed from
    data on national distributions of AP scores
    provided in the website http//www.collegeboard.co
    m/student/testing/ap/exgrd_sum/2007.html.

10
Advanced Placement (AP) Versus Concurrent
Enrollment Programs (CEP)
  • Eligibility for college credit
  • CEP course grade
  • AP performance on AP exam.
  • Higher probability for receiving college credit
    and therefore tuition savings comes from CEP
    than AP.
  • Cost for AP exam is lower than the tuition for
    the CEP course.

11
The Role of NACEP
  • The National Alliance of Concurrent Enrollment
    Partnerships (NACEP) formed to establish
    uniform quality standards for member CEP.
  • High school courses must be the same as those
    taught at the sponsoring institution.
  • Actively involving college faculty to ensure
    content coverage and teaching quality.
  • Faculty site visits when course is offered.
  • Continued professional development for high
    school teachers.
  • Ultimate goal signal to receiving college or
    university of course quality for routine
    determination of college credit.

12
The Formal Framework A Primer on
Expected Value
  • Example Suppose I offer a game that costs 2.00.
    The game consists of you rolling a fair die
    once. If it comes up a 4, you win 10.00 (not
    counting your admission fee). If it comes up any
    other value, you lose.
  • Expected Winning
  • (10.00 - 2.00)(1/6) (-2.00)(5/6)
    -0.33.

13
Application to Expected Benefit The Problem
to Examine
  • Consider a typical college-bound student in a
    given high school who is interested in taking
    such a class. Should this high school fulfill
    this need by offering a AP or a CEP course?

14
Application to Expected Benefit The
Quantitative Framework
  • Define the following variables.
  • PCEP probability that student would
    receive college credit for the CEP
    course.
  • PAP probability that student would
    receive college credit for the AP course.
  • T cost of corresponding course for
    full-time students at the college or
    university where he/she matriculates.
  • TCEP cost of CEP course.
  • TAP cost of AP exam.
  • r interest rate of one-year financial
    instrument.
  • T/(1 r) present value of next years
    tuition.

15
Expected Benefits CEP and AP
  • Expected Benefit (CEP Course)
  • T/(1 r) TCEPPCEP -TCEP1
    PCEP.
  • Expected Benefit (AP Course)
  • T/(1 r) TAPPAP -TAP1 PAP.
  • Efficient Choice for High School Program with
    the Higher Expected Benefit.

16
The Breakeven Condition
  • We derive the condition where
  • Expected Benefit (CEP Course)
  • Expected Benefit (AP Course).
  • Substituting for the Expected Benefits and doing
    some algebraic rearrangement gives us the
    following breakeven equation.

17
The Breakeven Equation
  • T (1 r)(TCEP TAP)/(PCEP PAP)
  • If T gt right-hand-side of equation, then CEP is
    favored.
  • If T lt right-hand-side of equation, then AP is
    favored.

18
A Simulation Exercise (Based upon
SUPA)
  • Work with the following numerical values.
  • PCEP 0.88
  • TCEP 330 (based upon 3 credit hour course)
  • 660 (based upon 6 credit hour course)
  • TAP 83
  • r 0.03

19
Figure 1 Breakeven Points Between AP and CEP
  •  
  •  

20
Table 3Simulated Breakeven Points for CEP versus
AP (SUPA), Based Upon Probability of Student
Obtaining Credit From AP Exam Score
  • --------------------------------------------------
    --------------------------------------------------
    ----------------------

  • Breakeven Points ()




  • ------------------------------------------
    -------------------
  • PAP 3 Credit Course
    6 Credit Course
  • --------------------------------------------------
    --------------------------------------------------
    ----------------------
  • 0.20 374 874
  • 0.25 404 943
  • 0.30 439 1025
  • 0.35 480 1121
  • 0.40 530 1238
  • 0.45 592 1382
  • 0.50 670 1564
  • 0.55 771 1801
  • 0.60 909 2123
  • 0.65 1106 2584
  • 0.70 1414 3302
  • 0.75 1957 4572
  • 0.80 3180 7428
  • --------------------------------------------------
    --------------------------------------------------
    ----------------------

21
Table 4Tuition Costs, Academic Year 2007-08
  • --------------------------------------------------
    --------------------------------------------------
    ------
  • College or University
    3 Credit Course 6 Credit Course
  • --------------------------------------------------
    --------------------------------------------------
    ------
  • Onondaga Community College 328
    656
  •  
  • SUNY Binghamton
  • In-State Residents 435 870
  •  
  • SUNY Binghamton
  • Out-of-State Residents 1061 2122
  •  
  • Le Moyne College 2428 4896
  •  
  • Syracuse University 3047 6094
  • --------------------------------------------------
    --------------------------------------------------
    ------
  • Notes. Tuition costs come from the schools
    websites. Data in the Table are computed based
    upon annual tuition and a class schedule of 30
    credit hours for the academic year. Tuition costs
    for Le Moyne College pertain to the 2008-09
    academic year.

22
Conclusions From Study
  • The study puts forth an explicit means of
    weighing the financial benefits and costs to a
    CEP versus AP for students within a given high
    school.
  • High school personnel can use this framework to
    decide which is the more effective program for
    offering college or college-level courses, given
    the characteristics of their college-bound
    students.

23
Main Results From Study
  • CEP is favored for high schools where their
    college-bound students perform on the AP exam at
    or below national norms or attend private
    colleges and universities.
  • AP is favored for high schools where their
    college-bound students perform on the AP exam
    above national norms or incur relatively
    inexpensive costs for attending college.

24
Deciding Between CEP and AP Other Factors
  • Ability of courses to increase probability of
    acceptance into institutions of higher education.
  • Role of such courses in increasing the likelihood
    of college success (Principals
    Partnership 2007, Klopfenstein and Thomas 2009).

25
Deciding Between CEP and AP Other Factors
(Continued)
  • Fundamental educational benefits of the CEP
    course versus the AP course for students and
    teachers (Dutkowsky, Evensky, and Edmonds 2003,
    2006, 2008).
  • Actual quality of courses (Dutkowsky, Evensky,
    and Edmonds 2006).

26
  • Education Why They Are the Best
  • By Jay Mathews Newsweek Web Exclusive
  •  
  • NEWSWEEK's list of America's best high schools,
    this year with a record 1,258 names, began as a
    tale of just two schools. They were Garfield High
    School, full of children of Hispanic immigrants
    in East Los Angeles, and Mamaroneck High School,
    a much smaller campus serving very affluent
    families in Westchester County, N.Y. I had
    written a book about Garfield, and the success of
    its teachers like Jaime Escalante in giving
    low-income students the encouragement and extra
    time they needed to master college-level Advanced
    Placement courses and tests. I was finishing a
    book about Mamaroneck, and was stunned to find it
    was barring from AP many middle-class students
    who were much better prepared for those classes
    than the impoverished students who were welcomed
    into AP at Garfield. That turns out to be the
    rule in most U.S. schoolsaverage students are
    considered not ready for, or not deserving of,
    AP, even though many studies show that they need
    the challenge and that success in AP can lead to
    success in college.
  • Nearly everyone I met in New York thought
    Mamaroneck was a terrific school because its
    parents were rich and its state scores high, even
    though its building was in bad shape and its
    policy of reserving AP only for students with top
    grades made no sense. Nearly everyone I met in
    Los Angeles thought Garfield was a terrible
    school because its parents were poor and its
    state scores low, even though it was doing much
    more to prepare average and below-average
    students for college than any other school I
    knew. It was like rating restaurants not by the
    quality of their food, but by the bank accounts
    of their customers.
  • I was covering Wall Street for The Washington
    Post at that time, and not liking the job much.
    My life was ruled by indexesthe Dow Jones, the
    Standard Poor's. I decided to create my own
    index to measure something I thought was more
    importantwhich schools were giving their
    students the most value. This would help me show
    why Garfield, in a neighborhood full of auto-body
    shops and fast-food joints, was at least as good
    a school as Mamaroneck, in a town of mansions and
    country clubs.
  • Test scores, the usual way of rating schools,
    are in nearly every case a measure of parental
    wealth and education, not good teaching. Every
    study shows that if your parents fill their house
    with books, include you in conversations and take
    you to plays and museums, you tend to score well
    on standardized tests even if your school is not
    the best. So, with the help of some astute AP
    teachers, I developed a scale called the
    Challenge Index, which used each school's rate of
    participation in college-level tests like AP to
    indicate which schools were the most demanding
    and supportive of all students. I took the total
    number of AP tests (later adding International
    Baccalaureate and Cambridge tests) taken each
    year and divided by the number of graduating
    seniors, so that big schools would not have an
    advantage over small schools. AP, IB and
    Cambridge were important because they were
    challenging (students could get college credit
    for good scores) and incorruptible (outside
    experts wrote and graded the exams). Just taking
    the course and the test mattered more than the
    score because even struggling AP students learned
    a great deal.

27
The Ultimate Goals
  • To work toward a truly free-market competitive
    environment for the choices of college or
    college-level courses within high schools.
  • To have each choice strive to offer the highest
    quality of service to students and high school
    personnel for the price.

28
The Ultimate Goals (Continued)
  • To eliminate market power, incomplete
    information, or other devices that distort
    free-market competition.
  • To have as many eligible high school students as
    possible gain the benefits of these courses
    taught in the highest quality environment for a
    nation and world that needs the increased human
    capital.

29
Cited Research (Presentation)
  • Dutkowsky, D. H., J. M. Evensky, and G. S.
    Edmonds. Improving economic literacy The role
    of Concurrent Enrollment Programs.
    http//ssrn.com/abstract476146, December 3,
    2003.
  • Dutkowsky, D. H., J. M. Evensky, and G. S.
    Edmonds. Teaching college economics in the high
    schools The role of Concurrent Enrollment
    Programs. Journal of Economic Education 37 (Fall
    2006), 477-482.
  • Dutkowsky, D. H., J. M. Evensky, and G. S.
    Edmonds. Spillover Effects From Concurrent
    Enrollment Programs in Increasing Economic
    Literacy in the Basic Economics Course An
    Econometric Analysis. Syracuse University
    working paper, 2008.
  • Klopfenstein, K. and M.K. Thomas. The Link
    Between Advanced Placement Experience and Early
    College Success. Southern Economic Journal 75
    (January 2009), 873-91.
  • The Principals Partnership. Research Brief AP
    Courses Versus Dual Enrollment,
    www.principalspartnership.com/apdualenrollment.pdf
    ,
  • November 5, 2007.
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