As concerns over growing levels of student loan debt continue to mount for both students and taxpayers, many have called for an improved accountability system in the U.S. higher education system. In this policy brief, I discuss the many flaws in our current system, and outline how a system known...

Die unbefriedigenden Zustände im Bildungswesen haben viel mit der föderalen Struktur des Landes zu tun. Grundsätzlich ist die Bildung Ländersache, aber in der Landespolitik haben die bundesgesetzlich definierten Aufgaben nach Art. 83 GG Priorität vor denen, für die die Länder selbst...

In Germany, around 94 percent of children between the ages of three and six attend a day care center. Regarding the remaining six percent, many experts have speculated that children, primarily those from socio-economically disadvantaged households, do not use day care. Based on data from the...

Die allermeisten Kinder im Alter von drei bis sechs Jahren - 94 Prozent - gehen in eine Kindertageseinrichtung (Kita). Mit Blick auf die übrigen sechs Prozent vermuteten viele ExpertInnen und BeobachterInnen, dass es sich vor allem um Kinder aus sozioökonomisch benachteiligten Haushalten...

There is wide agreement the US student loan system faces significant problems. Seven million borrowers are in default and many more experience non-repayment. The stress of repayments faced by many students results at least in part from the design of US student loans. Specifically, loans are...

The Swedish school system suffers from profound problems with teacher recruitment and retention, knowledge decline, and grade inflation. Absenteeism is high, and psychiatric disorders have risen sharply among Swedish pupils in the last ten years. In this pioneering analysis of the consequences...

We study the optimal design of student financial aid as a function of parental income. We derive optimal financial aid formulas in a general model. For a simple model version, we derive mild conditions on primitives under which poorer students receive more aid even without distributional...

We analyze the reallocations of educational expenditures required to equalize opportunities, according to the theory of Roemer (1998). Using the NLSYM data set, we find that implementing an equal-opportunity policy across men of different races, by using educational finance as the instrument,...

This paper examines a broad range of opportunities for addressing the pressing human development needs of low-income countries by using new oil, gas, and mineral discoveries. It assesses how much of an impact can be made on the funding gaps for health and education by new oil and gas revenues,...

Wissenschaftliche Weiterbildung gehört zwar nach dem Willen des Gesetzgebers zu den Kernaufgaben der Hochschulen. Gleichwohl sind die Aktivitäten in diesem Bereich marginal. Fehlende Handlungsanreize und die handlungsleitende Wichtigkeit der Forschungsreputation sind lang bestehende Gründe...