Baumgartner, Hans J.; Steiner, Viktor - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2004
We evaluate the effect of the federal students' financial assistance scheme (BAfoeG) on enrolment rates into higher education by exploiting the exogenous variation introduced through a discrete shift in the repayment regulations. Supported students had to repay the full loan until 1990....