Around nine countries currently use a national income contingent loan (ICL) scheme for higher education tuition using the income tax system. Increased international interest in ICL validates an examination of its costs and benefits relative to the traditional financing system,...

University autonomy and funding is an important aspect in university-level education due to its impact on graduates’ competencies, and on the quality and quantity of research produced. Political factors influence the amount of autonomy allotted to public universities in specific countries....

I examine the effect of student aid on the distribution of educational attainment in the context of a post-secondary funding program for Indigenous students in Canada. I show that student aid programs targeted at marginalized groups can increase average educational attainment; however, these...

Seit das Bundesverfassungsgericht 2005 das Verbot von Studiengebühren aufgehoben hat, haben sieben Bundesländer Studiengebühren von bis zu 500 Euro pro Semester eingeführt. Eine Studie des DIW Berlin zeigt, dass dies zu Ausweichreaktionen der Studienbewerber geführt hat, die zahlenmäßig...

Seit 2007 finanzieren Bund und Länder im Hochschulpakt Studienanfänger, die gegenüber dem Basisjahr 2005 zusätzlich an die Hochschulen kommen, gemeinsam. In die Berechnungen werden alle Anfänger an den Privathochschulen einbezogen, Geld gibt es aber nur in wenigen Ausnahmefällen. Im...

The paper examines whether meeting performance targets in tests at school has an effect on students' subsequent achievement in education and the take-up by schools of financial support from the government for students. We build a theoretical model to describe the channels through which students'...

We model a higher education system that admits students according to their admission signal (e.g., matriculation GPA, SAT), which is, in turn, affected by their cognitive ability and socioeconomic background. We show that subsidizing education loans increases neither human capital stock nor...

Less than a decade ago, several German states introduced tuition fees for university education. Despite their comparatively low level of about €500 per semester, fees were perceived by the public to increase social injustice and have been abolished recently. Whereas other studies have shown no...

To estimate causal effects of college choice, we exploit eligibility rules for student loans in a regression discontinuity design. Loan programs induce students to pursue college degrees that are more expensive and prolonged relative to technical education. Although higher education is...

How does the financial aid allocation mechanism affect student behavior? We provide a framework for quantifying the impact of financial aid on student debt, academic capital, and labor market outcomes. We specify and estimate a dynamic discrete choice model of simultaneous education, work, and...