It is well known that higher education financing involves uncertainty and risk with respect to
students' future economic fortunes, and an unwillingness of banks to provide loans because …

The Dream Is Over: The Crisis of Clark Kerr's California Idea of Higher Education is a longer
version of the three Clark Kerr Lectures on Higher Education delivered on September 30 …

This paper examines the influence of psychological responses to debt on career choices
from an experiment in which alternative financial aid packages were assigned by lottery to a …

The public policy arena is a complex framework of actors, politics and instruments. An
Introduction to Australian Public Policy, Second Edition examines the broad range of …

ABSTRACT A hallmark of English higher education (HE) over the last twenty years has been
policies seeking to increase provider competition and student choice. Central to this has …

The use of income contingent loans (ICLs) for Higher Education (HE) students is becoming
increasingly prevalent around the world. Using a model of simulated lifetime earnings for …

Student borrowing is a major higher education public policy issue, with students in both
England and the United States increasingly relying on loans to finance postsecondary …

This paper explains why under laissez-faire the financing of higher education is both
inefficient and inequitable. It is argued that a government-run scheme of income contingent …

We present instrumental variables estimates of the relationship between the share of income
accruing to the middle class and GDP per capita. The increase in GDP per capita that …

In this article, we compare the two main types of student loans used to finance
postsecondary education: mortgage-type loans, which are repaid over a set period of time …