There is significant unease with the state of college loans in the US, of which Stafford loans are the most common. One of the most important issues relates to the “repayment burden” (RB), the proportion of a debtor's income per period required to repay loans. RBs are fundamental to...

Understanding how higher education (HE) finance policy can affect HE decisions is important for understanding how governments can promote human capital accumulation. Yet there is a severe lack of evidence on the effectiveness of student aid in encouraging HE participation outside of the US, and...

Expansion of high education in Vietnam will be undermined without an effective student, loans policy to assist with tuition and living costs. We show the significance of this issue is by, constructing a hypothetical loans system and calculating repayment burdens (RBs) (the proportion of, a...

In 2001, the Texas state legislature passed House Bill 1403. With the passage of the law, Texas became the first state to offer in-state tuition rates at public universities for non-citizens (including illegal immigrants) who attended high school in the state for three years. As a result of the...

Federal benefit programs, including federal student aid, are designed to aid targeted populations. Behavioral responses to these programs may alter the incidence of their benefits, a possibility that receives less attention in the literature compared to tax incidence. I demonstrate the...

This paper studies whether the introduction of tuition fees at public universities in some German states had a negative effect on enrollment, i.e., on the transition of high school graduates to public universities in Germany. In contrast to recent studies, we do not find a significant effect on...

In this paper we confirm the universality of steadily rising education expenditures among OECD nations, as predicted by “Baumol and Bowen's cost disease”, and show that this trajectory of costs can be expected to continue for the foreseeable future. However, we find that while the level of...

This paper uses the introduction of tuition fees in seven of the sixteen German states in 2007 as a natural experiment to identify the effects of tuition prices on enrollment probabilities. Based on information on enrollment decisions of the entire population of high-school graduates between...

This study estimates the value of the private and public benefits that accrue to Minnesota residents from state government subsidies to higher education. In 2005, the University of Minnesota and the Minnesota State Colleges and Universities system received $832 million from Minnesota's state...

We estimate the effects of three sequential reforms undertaken between 2000 and 2006 on school enrollment for poor, rural families in China. Using difference-in-difference approaches and sample children from the China Health and Nutrition Survey 2000, 2004, and 2006 waves, we find that tuition...