This paper surveys the theoretical approaches used in the literature to study the phenomenon of delayed graduation and university dropout. The classical human capital model does not contemplate failure, which the amended human capital model does. Delayed graduation and university dropout are two...

This paper surveys the theoretical approaches used in the literature to study the phenomenon of delayed graduation and university dropout. The classical human capital model does not contemplate failure, which the amended human capital model does. Delayed graduation and university dropout are two...

This paper surveys the theoretical approaches used in the literature to study the phenomenon of delayed graduation and university dropout. The classical human capital model does not contemplate failure, which the amended human capital model does. Delayed graduation and university dropout are two...

The U.S. economy is growing more slowly than it can and should be growing because it does not invest enough in infrastructure, science, and education. There is an important procedural obstacle to funding public investments — a process of scoring the economic effect of legislation. This process...

The article deals with problems of financing the higher education. It is well-known that the government plays a vital role in providing the financial aid for students, but study indicates that efficiency of the supporting programs is in question. This study has shown that nowadays money is...

With the beginning of the new millennium it has become more and more apparent that education and human capital constitute a key element of modern economies. Despite the important role of human capital in modern societies, there are still many unknowns about the process of educational production...

In Italy, the process of devolving more powers on educational matters to Regions and schools poses some relevant policy challenges, among which the necessity to determine “standard” costs for schools stands as a major priority. In this paper, we propose an approach based on cost functions...

In many countries, governments abandoned negotiated methods for allocating public resources among universities, moving towards the adoption of formula-funding models. From a policy perspective, a relevant issue is to correctly design such formulas, to stimulate universities in pursuing better...

In Germany the age of tuition for higher education is about to begin. In this paper, the author gives an overview about existing tuition-models. He explains the one with the highest incentives that also solves for the principal-agent problem in higher education