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...

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...