Summary Tuition fees – as they are now possible in the German system of higher education – may change the behaviour of students. To analyse these reactions more rigorously, a microeconomic decision model is constructed. It consists of two periods: in the first one, students invest in their...

Tuition fees – as they are now possible in the German system of higher education – may change the behaviour of students. To analyse these reactions more rigorously, a microeconomic decision model is constructed. It consists of two periods: in the first one, students invest in their human...