Financing schemes for higher education
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]
|Collections||ANU Research Publications|
|Source:||European Journal of Political Economy|
|01_Del Rey_Financing_schemes_for_higher_2010.pdf||462.21 kB||Adobe PDF||Request a copy|
|02_Del Rey_Financing_schemes_for_higher_2010.pdf||267.68 kB||Adobe PDF||Request a copy|
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