Research on Higher Education Costs Using the Full Costing Approach

Research on the costs of higher education is crucial for the effective management of educational resources and the provision of high-quality education. This study employs the full costing method, considering both direct costs (such as faculty salaries, textbooks, and equipment expenses) and indirect costs (such as administrative overhead and facility depreciation), as well as fixed and variable costs. The research reveals that the cost structure of higher education is intricate, influenced by various factors including academic disciplines, student enrollment, teaching methods, as well as external factors like policy environments and geographical locations. Furthermore, there exists a delicate balance between enhancing education quality and cost control that needs comprehensive consideration. By delving into the costs of higher education, policymakers and educational institutions can better plan resource allocation, enhance educational efficiency, and achieve sustainable development in higher education