Showing 1 - 9 of 9
recent Review of Australian Higher Education (2008). Specifically, it seems to be the case that many students are able to …
Persistent link: https://www.econbiz.de/10008459932
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
This chapter compares and contrasts international experience with respect to higher education financing. The size and …
Persistent link: https://www.econbiz.de/10004971316
The public vocational education and training (VET) system is now one of the few areas in Australia’s tertiary education …-optimal educational outcomes to the extent that prospective students reject a VET education on the basis of short-term financial … financial instrument based on the Higher Education Contribution Scheme (HECS)). It is argued that income contingent loans of …
Persistent link: https://www.econbiz.de/10004977296
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
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
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...
Persistent link: https://www.econbiz.de/10004977257