The need for appropriate providing the leading stakeholders of higher education with objective information about the local universities' status and development is justified, which is important for making managerial decisions. It requires continuous monitoring and forecasting of the changes at the regional educational services markets in higher education. A complex of studies should include analysis, assessment, and forecasting of processes in higher education of the region, as well as in the labor market. It is shown that effective monitoring is possible only under the condition of close interaction of local higher education institutions, state authorities, and local self-government. The role of the latter is to determine the directions of the regional labor market development and to forecast its changes. On the example of the Kherson region, it is shown that a research and development monitoring center, established by the state authorities, may be a possible organizational form that allows performing the necessary research.