Financing schemes for higher education

Maria Racionero and Elena Del Rey

ANU Working Papers in Economics and Econometrics 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)
Pages: 17 pages
Date: 2006-03
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
https://www.cbe.anu.edu.au/researchpapers/econ/wp460.pdf (application/pdf)

Related works:
Journal Article: Financing schemes for higher education (2010)
Working Paper: Financing schemes for higher education (2010)
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:acb:cbeeco:2006-460

Access Statistics for this paper

More papers in ANU Working Papers in Economics and Econometrics from Australian National University, College of Business and Economics, School of Economics Contact information at EDIRC.
Bibliographic data for series maintained by ().