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Financing schemes for higher education

Del Rey, Elena; Racionero, Maria


Most industrial countries have traditionally subsidized the provision of higher education. Alternative financing schemes, which rely on larger contributions from students, are being increasingly adopted. Those based on income-contingent loans provide insurance against uncertain educational outcomes. We consider a unified framework where we analyze the following schemes: 1) the traditional tax-subsidy, 2) pure loans, 3) income-contingent loans with risk-sharing, and 4) income-contingent loans...[Show more]

CollectionsANU Research Publications
Date published: 2010
Type: Journal article
Source: European Journal of Political Economy
DOI: 10.1016/j.ejpoleco.2009.09.002


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