Economic Consequences of Not Attending Business Classes

Abstract

This paper presents three years of empirical research showing the most significant impediments to business major students’ success is unexcused absences). This student misconduct results in squandered opportunities for learning, and squanders: 1) tuition paid by students and parents, 2) lost scholarships earned, 3) student loans acquired, and 4) state subsidies. To the extent this phenomenon magnifies across higher education, it contributes significantly to the national concerns about high tuition costs and the $1.5 trillion student loan debt). By recognizing these economic factors university administrators can develop effective academic policies that ensure students attend classes. Some potential solutions are offered.