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The welfare effects of income-contingent financing for higher education

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dc.contributor.authorQuiggin, Johnen_US
dc.date.accessioned2004-07-12en_US
dc.date.accessioned2004-09-28T05:08:03Zen_US
dc.date.accessioned2011-01-05T08:33:33Z
dc.date.available2004-09-28T05:08:03Zen_US
dc.date.available2011-01-05T08:33:33Z
dc.date.created2003en_US
dc.date.issued2003en_US
dc.description.abstractIn this paper, it is shown that educational financing schemes with income-contingent re-payments provide a mixture of consumption-smoothing benefits and insurance against the uncertain outcomes of risky educational investments. Educational financing schemes with income-contingent repayment will enhance welfare relative to the alternative of upfront fees yielding the same revenue in present value terms.en_US
dc.format.extent624921 bytesen_US
dc.format.extent350 bytesen_US
dc.format.mimetypeapplication/pdfen_US
dc.format.mimetypeapplication/octet-streamen_US
dc.identifier.urihttp://hdl.handle.net/1885/42106en_US
dc.identifier.urihttp://digitalcollections.anu.edu.au/handle/1885/42106
dc.language.isoen_AUen_US
dc.subjecteducational financing schemesen_AU
dc.subjectincome-contingent repaymentsen_AU
dc.subjectupfront feesen_AU
dc.subjectwelfare effectsen_AU
dc.subjecthigher educationen_AU
dc.titleThe welfare effects of income-contingent financing for higher educationen_US
dc.typeWorking/Technical Paperen_US
local.citationWorking paper series in Economics and Econometrics no.428en_US
local.contributor.affiliationANUen_US
local.contributor.affiliationFaculty of Economics and Commerceen_US
local.description.refereednoen_US
local.identifier.citationmonthmaren_US
local.identifier.citationyear2003en_US
local.identifier.eprintid2651en_US
local.rights.ispublishedyesen_US

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