A Monetary Repayment Model for Recoupment of the Educational Costs of Air Force Sponsored Graduate Education in Lieu of Completion of an Active Duty Service Commitment.
AIR FORCE INST OF TECH WRIGHT-PATTERSON AFB OHIO SCHOOL OF ENGINEERING
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The study develops a model which enables the Air Force to initiate recoupment action against any officer, who is separating from active service prior to the completion of a graduate education Active Duty Service Commitment ADSC. It is set up to determine the amount of money owed by the early exiting officer, at any point in the ADSC. The recoupment model is placed into the framework of the average annual wage rates commanded by individual graduate degrees in the civilian work environment. This wage data is derived from the 1970 Census of the United States population. The procedure is to measure the average wage rate of specific graduate and undergraduate degrees, and to calculate the difference between them. This difference is assumed to approximate an economic measurement of the additional work productivity, that the Air Force can expect from an officer by virtue of his graduate education. This differential amount is then placed into a recoupment scheme, whereby an officer repays the cost of his USAF sponsored graduate education in monetary form, if separated prior to ADSC completion. The model estimates total amount owed by an early exiting officer, as a function of the following variables the direct cost of the Air Force of the officers graduate education the amount of time served in the associated ADSC the type of graduate degree earned at Air Force expense and the type of degree possessed by the officer prior to graduate school attendance. Modified author abstract
- Humanities and History