EconPapers    
Economics at your fingertips  
 

Financing higher education and education loans in India: interstate differentials and determinants

P. Geetha Rani ()
Additional contact information
P. Geetha Rani: Central University of Tamil Nadu

Authors registered in the RePEc Author Service: Geetha Rani Prakasam ()

Journal of Social and Economic Development, 2017, vol. 19, issue 1, 42-59

Abstract: Abstract An attempt is made here to examine financing of higher education across states using interest subsidy as a case of reference. Hence, we make an analysis of the relative shares of interest subsidies in student loans, enrolment, etc. The paper uses various published and unpublished secondary sources to answer these questions. Using the pooled OLS regression across 23 states for the period from 2008–2009 to 2012–2013, the present paper attempts to explore the question whether government expenditure on higher education and student loan is substitutes or complements. Also the present paper attempts to estimate the magnitude of influence of state income on government expenditure on higher education. Other factors such as institutional access, secondary school enrolment rate, share of young population and region are included as explanatory variables in the models. The interstate disparity can be understood better if we examine the enabling environment to access interest subsidy. In other words, we raise certain basic questions such as: How is higher education distributed across states? How this distribution has evolved overtime?

Keywords: Interstate disparity; Financing; Interest subsidy; Education loans; Higher education (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://link.springer.com/10.1007/s40847-017-0034-2 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:jsecdv:v:19:y:2017:i:1:d:10.1007_s40847-017-0034-2

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/40847

Access Statistics for this article

Journal of Social and Economic Development is currently edited by M.G. Chandrakanth, D. Rajasekhar, Anand Inbanathan and S. Madheswaran

More articles in Journal of Social and Economic Development from Springer, Institute for Social and Economic Change
Bibliographic data for series maintained by Sonal Shukla ().

 
Page updated 2019-09-21
Handle: RePEc:spr:jsecdv:v:19:y:2017:i:1:d:10.1007_s40847-017-0034-2