Financing Bologna Students' Mobility
AbstractThe current system for financing cross-border students, based on the host country, is neither sustainable nor efficient: it produces too little cross-border education. On that background, and motivated as well by a recent decision of the European Court of Justice, we explore two alternative solutions. the first one substitutes to the financing by the host country, a financing by the country of origin, through vouchers that the student may use at home or abroad provided it is in a recognized institution. The second one, potentially an efficient design, combines that substitution with a reimbursement of education costs through interjurisdictional transfers or the change of vouchers into contingent loans
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Bibliographic InfoPaper provided by Directorate General Taxation and Customs Union, European Commission in its series Taxation Papers with number 26.
Length: 18 pages
Date of creation: Nov 2010
Date of revision:
Bologna process; Higher Education; Contingent loan; Bhagwati tax;
Find related papers by JEL classification:
- I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid
- I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
- H77 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Intergovernmental Relations; Federalism
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-12-23 (All new papers)
- NEP-EDU-2010-12-23 (Education)
- NEP-EUR-2010-12-23 (Microeconomic European Issues)
- NEP-LAB-2010-12-23 (Labour Economics)
- NEP-MIG-2010-12-23 (Economics of Human Migration)
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