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Policies in Tertiary Education and the Change in Attendance and Time-to-Degree

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  • Roland Amann

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    (Department of Economics, University of Konstanz)

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    Abstract

    This paper investigates the effect of reforms on the time-to-degree and attendance at colleges. My model predicts that with imperfect credit markets imposing tuition fees may raise instead of reducing the time-to-degree. In the final section of the paper, I present a proposal for a reform which incorporates differentiated fees and a credit point system. I derive an optimal fee for maximal attendance in higher education.

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    Bibliographic Info

    Paper provided by Research Group Heterogeneous Labor, University of Konstanz/ZEW Mannheim in its series Working Papers of the Research Group Heterogenous Labor with number 04-18.

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    Length: 38 pages
    Date of creation: 15 Sep 2004
    Date of revision:
    Handle: RePEc:knz:hetero:0418

    Contact details of provider:
    Postal: D-78457 Konstanz
    Phone: +49 7531 88 2314
    Fax: +49-7531-88-2145
    Web page: http://www.uni-konstanz.de/forschergruppewiwi
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    Related research

    Keywords: Educational decisions ; Costs of education;

    References

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    1. Häkkinen, Iida & Uusitalo, Roope, 2003. "The Effect of a Student Aid Reform on Graduation: A Duration Analysis," Working Paper Series 2003:8, Uppsala University, Department of Economics.
    2. Yoram Ben-Porath, 1967. "The Production of Human Capital and the Life Cycle of Earnings," Journal of Political Economy, University of Chicago Press, vol. 75, pages 352.
    3. Thomas J. Kane, 1995. "Rising Public College Tuition and College Entry: How Well Do Public Subsidies Promote Access to College?," NBER Working Papers 5164, National Bureau of Economic Research, Inc.
    4. Corak, Miles & Lipps, Garth & Zhao, John, 2004. "Family Income and Participation in Post-Secondary Education," IZA Discussion Papers 977, Institute for the Study of Labor (IZA).
    5. Heckman, James J, 1976. "A Life-Cycle Model of Earnings, Learning, and Consumption," Journal of Political Economy, University of Chicago Press, vol. 84(4), pages S11-44, August.
    6. Hungerford, Thomas & Solon, Gary, 1987. "Sheepskin Effects in the Returns to Education," The Review of Economics and Statistics, MIT Press, vol. 69(1), pages 175-77, February.
    7. Fisher, Walter H. & Keuschnigg, Christian, 2000. "Public Policy for Efficient Education," Economics Series 90, Institute for Advanced Studies.
    8. Epple, Dennis & Romano, Richard E, 1998. "Competition between Private and Public Schools, Vouchers, and Peer-Group Effects," American Economic Review, American Economic Association, vol. 88(1), pages 33-62, March.
    9. Audrey Light & Wayne Strayer, 2000. "Determinants of College Completion: School Quality or Student Ability?," Journal of Human Resources, University of Wisconsin Press, vol. 35(2), pages 299-332.
    10. Antelius, Jesper, 2000. "Sheepskin Effects in the Returns to Education: Evidence on Swedish Data," Working Paper Series 158, Trade Union Institute for Economic Research.
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