Student loans in Japan: Current problems and possible solutions

Shiro Armstrong, Lorraine Dearden (), Masayuki Kobayashi and Nobuko Nagase

Economics of Education Review, 2019, vol. 71, issue C, 120-134

Abstract: The Japanese higher education sector has seen increases in tuition with stagnant household incomes in a society where family support for university students has been the norm. Student loans from the government have grown rapidly to sustain the gradual increase in university enrolments. These time-based repayment loans (TBRLs) have created financial hardship for increasing numbers of loan recipients and their families. There is some evidence that prospective students from low-income households are forgoing a university education to avoid student loan debt. The Japanese government has introduced some measures including grants and a partial income-contingent loan (ICL) scheme to help alleviate these problems.

Keywords: Student loans; Student loan design; Japan (search for similar items in EconPapers)
JEL-codes: I22 I28 J24 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecoedu:v:71:y:2019:i:c:p:120-134

DOI: 10.1016/j.econedurev.2018.10.012

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