Showing 1 - 10 of 242
The changes made to Australian higher education financing in the 1996-97 Budget are arguable the most significant since …
Persistent link: https://www.econbiz.de/10004971335
it has taken place, attention needs to be given to a whole range of issues. These include : scale of higher education …, funding, university/government relations, research, diversity, quality, higher education and vocational education and training …. The reforms that have occurred in the Astralian higher education sector in recent years, and those that are currently …
Persistent link: https://www.econbiz.de/10005032822
The paper studies the optimal education policy of a budget-constrained utilitarian government. Households differ in … information. Households can choose to use private education, but cannot borrow to finance it. The results we obtain are striking …. The optimal education policy is elitist: it increases the spread between the education achievement of the bright and the …
Persistent link: https://www.econbiz.de/10005666893
It is shown, both theoretically and empirically, that failure to take age at arrival into account leads to some bias in estimates of earnings change with years since migration. In addition, the analysis reveals that results are sensitive to the approach taken to inclusion of information on...
Persistent link: https://www.econbiz.de/10004977266
Due to the unknown future economic situation of students, private banks are unwilling to provide student loans in the absence of collateral. This market failure requires government intervention to prevent socially sub-optimal and regressive outcomes. Income contingent loans, whose repayment...
Persistent link: https://www.econbiz.de/10009142097
There is a significant and on-going unease with, and debate concerning, the state of US college loans. One of the most important questions relates to so-called “repayment burdens”, the financial difficulties associated with repayments. This paper examines the issue from both theoretical and...
Persistent link: https://www.econbiz.de/10008691143
Using comprehensive administrative data on France’s single largest financial aid program, this paper provides new evidence on the impact of large-scale need-based grant programs on the college enrollment decisions, persistence and graduation rates of low-income students. We exploit sharp...
Persistent link: https://www.econbiz.de/10011083852
supply responses to tax policy can explain differences in aggregate labour supply and years of education across countries. …
Persistent link: https://www.econbiz.de/10004970063
It is well known that higher education financing involves uncertainty and risk with respect to students’ future … education. The historically most common response to this market failure — a government guarantee to repay student loans to banks …
Persistent link: https://www.econbiz.de/10004970067
This paper illustrates the extent of implicit taxpayer subsidies under four possible income contingent loan (ICL) arrangements for Thailand: TICAL, implemented in 2007 only, a variant of TICAL, and two alternative ICL schemes. The implicit taxpayer subsidy calculated with respect to average...
Persistent link: https://www.econbiz.de/10004970078