The authors report the results of an experiment designed to measure the impact of different forms of subsidies on the demand for postsecondary education financing among a sample of adults ages 18–55 in Canada. The experiment presents subjects with a series of choices involving trade-offs...

Six months after a student ceases being enrolled full-time in an educational institution, a loan contracted with the Canada student loans program is said to be consolidated and its repayment is expected. Many ex-students will repay their loan in total (capital and interest) within a ten-year...