Purpose – This paper aims to investigate the determinants of taking out government-funded student loans for university study in Australia. Design/methodology/approach – The paper uses an ordered probit model to quantify the influence of the various factors which affect students' decisions on...

Purpose – This paper aims to investigate the determinants of taking out government‐funded student loans for university study in Australia. Design/methodology/approach – The paper uses an ordered probit model to quantify the influence of the various factors which affect students' decisions...