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This paper presents a model showing an incentive for a group of people to vote for higher tuition fees, even if these fees have no quality effect. The incentive is based on a non-monetary influence on utility, namely the social status or prestige of graduating. The basic assumption is that the...
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Student loans, even income-contingent ones, are not optimal. Potential university students with the appropriate … on the choice of university degree, but students with a natural aptitude for studies that do not hold the prospect of a …
Persistent link: https://www.econbiz.de/10011508011
Student loans, even income-contingent ones, are not optimal. Potential university students with the appropriate … on the choice of university degree, but students with a natural aptitude for studies that do not hold the prospect of a …
Persistent link: https://www.econbiz.de/10001781340
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marginal fiscal recovery rate, i.e. the ratio of the change in total net fiscal revenues and the change in total subsidy costs … of the net fiscal revenue gain and the subsidy cost of a degree in tertiary education. Second, we use the sufficient … that allows for heterogeneity between students. Reassuringly, this simulation provides a roughly similar result than the …
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Higher education is subsidized worldwide, although with pronounced differences in levels of subsidization. While public funds account for about 90% of universities' budgets in Scandinavian countries, the share of public funds in Great Britain and the US is less that 30%. Subsidization is...
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