Outside the United States (U.S.), very little is known about long-run trends in school productivity. We present new evidence using two data series from Australia, where comparable tests are available back to the 1960s. For young teenagers (aged 13-14), we find a small but statistically...

Using the first two waves of the Vietnam Living Standards Survey, we investigate how a father’s temporary absence affects children left behind in terms of their school attendance, household expenditures on education, and nonhousework labour supply in the 1990s. The estimating subsample is...

This paper presents analysis of the implicit subsidies and repayment hardships of Thailand’s Student Loan Fund (SLF). Comparisons are made between the current SLF with alternative similar schemes, assuming different rates of interest and loan repayment periods. We find that the implicit...

It is well known that higher education financing involves uncertainty and risk with respect to students’ future economic fortunes, and an unwillingness of banks to provide loans because of the absence of collateral. It follows that without government intervention there will be both socially...

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...

This chapter compares and contrasts international experience with respect to higher education financing. The size and payment forms of tuition, and the different types and levels of public sector support, are illustrated for a large number of countries. A major aspect of the discussion concerns...

The changes made to Australian higher education financing in the 1996-97 Budget are arguable the most significant since the abolition of tertiary fees in 1974. This paper examines the nature and extent of the changes in terms of what they mean for students enrolling for the first time in 1997...

Currently there are significant challenges for the funding of Australian higher education teaching. Since the early 1980s successive Australian governments have shown an unwillingness to maintain academic conditions through public sector funding, and there is little doubt that this trend will...

This paper investigates the relationship between housing prices and the quality of public schools in the Australian Capital Territory. To disentangle the effects of schools and other neighbourhood characteristics on the value of residential properties, we compare sale prices of homes on either...

This paper examines the impact of changes to Australia’s student financing system on various hypothetical students who choose the Government’s proposed deferred payment options, HECS-HELP and FEE-HELP. The present values of their HECS repayments under the existing (2004) system are compared...