Relación entre el financiamiento fiscal, la calidad del cuerpo académico y la retención de estudiantes Universitarios en Chile

The purpose of this study was to describe the relationship between fiscal funding, quality of faculty and teaching quality. Data were collected from a population of 25 Chilean universities. The paper is based on secondary information collected from different sources. The data were analyzed employing two types of linear regression analyses. The results showed the following: 1) A significant association between fiscal funding and quality of faculty (p <0.01; adjusted R square 0.74), 2) A significant association between quality of faculty and quality of teaching (p <0.01; adjusted R square 0.32). Finally, Chilean universities showed that fiscal funding received by them is of fundamental importance to have better quality of faculty, and in turn, high quality faculty leads to a better quality of the teaching in the higher education institutions studied.