The impact of the economic situation on educational decisions
A study on applications for admission to economic-administrative careers in Mexico (2018-2023)
DOI:
https://doi.org/10.51896/rilco.v6i24.764Keywords:
Economic Variables, Graduation Rates, Higher Education, Econometric Models, ANUIESAbstract
The article examines how economic conditions influence graduation rates of students in economic-administrative disciplines. The study uses quantitative data from the National Association of Universities and Higher Education Institutions (ANUIES). Econometric models are applied to assess the impact of variables such as unemployment, inflation, and economic growth on graduation rates. The results suggest a strong correlation between economic stability and graduation rates: periods of economic growth are associated with higher graduation rates, while times of recession show a significant decrease in these rates. Factors such as unemployment and inflation appear to have negative effects on students' academic continuity. The study concludes that it is essential to implement educational and economic policies that mitigate the impact of economic fluctuations on higher education, recommending scholarships, financial support, and counseling services to improve graduation rates in variable economic contexts.
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