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Higher Education Funding

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  • Nicholas Barr
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    Abstract

    The expansion of higher education throughout the OECD--and beyond--is both necessary and desirable. But it is costly, and faces competing imperatives for public spending. Higher education finance is therefore salient to an extent that is not yet fully appreciated in all countries, and is also immensely sensitive politically. This paper sets out the core lessons for financing higher education deriving from economic theory and puts them alongside lessons from country experience. The UK reforms announced in 2004 are assessed against the backdrop of those two elements. A concluding section briefly maps out unfinished business. Copyright 2004, Oxford University Press.

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    Bibliographic Info

    Article provided by Oxford University Press in its journal Oxford Review of Economic Policy.

    Volume (Year): 20 (2004)
    Issue (Month): 2 (Summer)
    Pages: 264-283

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    Handle: RePEc:oup:oxford:v:20:y:2004:i:2:p:264-283

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    Web page: http://oxrep.oupjournals.org/

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    Cited by:
    1. Tim Callan & Tim Smeeding & Panos Tsakloglou, 2008. "Short-run distributional effects of public education transfers to tertiary education students in seven European countries," Education Economics, Taylor and Francis Journals, vol. 16(3), pages 275-288.
    2. Thomas Markussen, 2010. "Democracy, Redistributive Taxation and the Private Provision of Public Goods," Discussion Papers 10-09, University of Copenhagen. Department of Economics.
    3. Douglass, John Aubrey & Keeling, Ruth, 2008. "The Big Curve: Trends in University Fees and Financing in the EU and US," University of California at Berkeley, Center for Studies in Higher Education qt6sr3n6km, Center for Studies in Higher Education, UC Berkeley.
    4. Koutsampelas, Christos & Tsakloglou, Panos, 2012. "Short-Run Distributional Effects of Public Education in Greece," IZA Discussion Papers 6283, Institute for the Study of Labor (IZA).
    5. Kelchtermans, Stijn & Verboven, Frank, 2006. "Participation and schooling in a public system of higher education," Open Access publications from Katholieke Universiteit Leuven urn:hdl:123456789/238628, Katholieke Universiteit Leuven.
    6. Rainald Borck & Martin Wimbersky, 2009. "Political Economics of Higher Education Finance," CESifo Working Paper Series 2829, CESifo Group Munich.
    7. Erica Field, 2006. "Educational Debt Burden and Career Choice: Evidence from a Financial Aid Experiment at NYU Law School," NBER Working Papers 12282, National Bureau of Economic Research, Inc.
    8. Angel García Correas & Manuel Larran Jorge, 2010. "Análisis de diferentes medidas de la eficiencia investigadora y factores explicativos en las universidades públicas españolas," Investigaciones de Economía de la Educación volume 5, in: María Jesús Mancebón-Torrubia & Domingo P. Ximénez-de-Embún & José María Gómez-Sancho & Greg (ed.), Investigaciones de Economía de la Educación 5, edition 1, volume 5, chapter 36, pages 703-732 Asociación de Economía de la Educación.
    9. Cécile Hoareau, 2010. "FINANCING EU STUDENT MOBILITY: A Proposed Credit Union Scheme for Europe," University of California at Berkeley, Center for Studies in Higher Education qt64r0t16d, Center for Studies in Higher Education, UC Berkeley.
    10. Ludger Wößmann, 2008. "Efficiency and equity of European education and training policies," International Tax and Public Finance, Springer, vol. 15(2), pages 199-230, April.
    11. Till Bärnighausen & David E. Bloom, 2007. ""Conditional scholarships" for HIV/AIDS Health Workers: Educating and Retaining the Workforce to Provide Antiretroviral Treatment in Sub-Saharan Africa," NBER Working Papers 13396, National Bureau of Economic Research, Inc.
    12. Cantillon, B. & De Ridder, A. & Vanhaecht, E. & Verbist, G., 2011. "(Un)desirable effects of output funding for Flemish universities," Economics of Education Review, Elsevier, vol. 30(5), pages 1059-1072, October.
    13. Stijn Kelchtermans & Frank Verboven, 2010. "Participation and study decisions in a public system of higher education," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 25(3), pages 355-391.
    14. Schneider Suzana & Cosma Dorin & Bene Gheorghe Florin, 2011. "Bases Of State Superior Educational System Financing From Romania," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 381-385, December.

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