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

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  • Roland Amann

    () (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. Fisher, Walter H. & Keuschnigg, Christian, 2000. "Public Policy for Efficient Education," Economics Series 90, Institute for Advanced Studies.
    2. 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.
    3. 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.
    4. 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.
    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. Zhao, John Corak, Miles Lipps, Garth, 2003. "Family Income and Participation in Post-secondary Education," Analytical Studies Branch Research Paper Series 2003210e, Statistics Canada, Analytical Studies Branch.
    7. Antelius, Jesper, 2000. "Sheepskin Effects in the Returns to Education: Evidence on Swedish Data," Working Paper Series 158, Trade Union Institute for Economic Research.
    8. 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.
    9. 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.
    10. 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.
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