 Student Aid, Repayment Obligations and Enrolment in Higher Education in Germany – Evidence from a “Natural Experiment”Hans Baumgartner and Viktor Steiner Schmollers Jahrbuch : Journal of Applied Social Science Studies / Zeitschrift für Wirtschafts- und Sozialwissenschaften, 2005, vol. 125, issue 1, 29-38 Abstract: We evaluate the effect of the German Federal Educational Assistance Act (BAfoeG) on enrolment rates in higher education by exploiting the exogenous variation introduced through a discrete shift in the repayment regulations. While up to 1990, students receiving assistance had to repay their loans in full, since the BAfoeG reform, 50 percent thereof has been offered as a non-repayable grant. Our results from simple difference-in-difference estimates suggest that student aid is ineffective in raising enrolment rates. Our findings may have important implications for the current debate on the reform of financing higher education in Germany and elsewhere. JEL-codes: I22 I28 J24 (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:aeq:aeqsjb:v125_y2005_i1_q1_p29-38 Ordering information: This journal article can be ordered from Access Statistics for this article Schmollers Jahrbuch : Journal of Applied Social Science Studies / Zeitschrift für Wirtschafts- und Sozialwissenschaften is currently edited by Gert G. Wagner and Joachim Wagner More articles in Schmollers Jahrbuch : Journal of Applied Social Science Studies / Zeitschrift für Wirtschafts- und Sozialwissenschaften from Duncker & Humblot, Berlin |
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