Financing schemes for higher education

Maria del Mar Racionero () and Elena Del Rey ()

ANUCBE School of Economics Working Papers from Australian National University, College of Business and Economics, School of Economics

Abstract: Most industrial countries have traditionally subsidized the provision of higher education. Several alternative financing schemes, which rely on larger contributions from students, are being increasingly adopted. Schemes such as income contingent loans, like the Australian Higher Education Contribution Scheme (HECS), provide insurance against uncertain educational outcomes. This paper analyses alternative financing schemes for higher education, with particular emphasis on the insurance role and its effect on higher education participation.

JEL-codes: I2 I28 (search for similar items in EconPapers)
Date: 2006-03
View list of references View citations in EconPapers

Downloads: (external link)
http://www.ecocomm.a ... papers/pdf/wp460.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Access Statistics for this paper

More papers in ANUCBE School of Economics Working Papers from Australian National University, College of Business and Economics, School of Economics
Contact information at EDIRC.
Series data maintained by ().