Student debt levels and income of University of Latvia graduates: Prospects for income-contingent loan repayment by the field of studies and gender
This study examines the relationship between student debt and income by gender and field of study among University of Latvia graduates of 2009. Data analysis in the paper is also framed by suggestions for an income-contingent student loan scheme in Latvia, modeled after the Australian example of the Higher Education Contribution Scheme. This research models a possible student loan payment pattern in Latvia under an income-contingent student loan plan. Data analysis shows that in the current mortgage-type student loan system, graduates of both genders in all fields of study and income groups have similar student debt levels, on average. At the same time, the largest portion of student debt is held by graduates in lower income groups. In the context of an income-contingent student loan payment scheme, analysis reveals that women and graduates in the field of humanities, pedagogy and psychology would be likely to belong to the low payment group. Consistent with findings in other studies, this research finds that female higher education graduates have lower income than men, on average, while graduates in the field of economics and business management tend to have higher income than graduates in other fields of study.
Volume (Year): 12 (2012)
Issue (Month): 2 (December)
|Contact details of provider:|| Postal: Strelnieku iela 4a, Riga, LV-1010|
Phone: +371 67039320
Fax: +371 67039318
Web page: http://www.biceps.org
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Elish Kelly & Philip O'Connell & Emer Smyth, 2008.
"The Economic Returns to Field of Study and Competencies Among Higher Education Graduates in Ireland,"
WP242, Economic and Social Research Institute (ESRI).
- Kelly, Elish & O'Connell, Philip J. & Smyth, Emer, 2010. "The economic returns to field of study and competencies among higher education graduates in Ireland," Economics of Education Review, Elsevier, vol. 29(4), pages 650-657, August.
- Migali, Giuseppe, 2006.
"Funding Higher Education and Wage Uncertainty : Income Contingent Loan versus Mortgage Loan,"
The Warwick Economics Research Paper Series (TWERPS)
775, University of Warwick, Department of Economics.
- Migali, Giuseppe, 2012. "Funding higher education and wage uncertainty: Income contingent loan versus mortgage loan," Economics of Education Review, Elsevier, vol. 31(6), pages 871-889.
- G Migali, 2011. "Funding Higher Education and Wage Uncertainty: Income Contingent Loan versus Mortgage Loan," Working Papers 609506, Lancaster University Management School, Economics Department.
- Chapman, Bruce & Lounkaew, Kiatanantha & Polsiri, Piruna & Sarachitti, Rangsit & Sitthipongpanich, Thitima, 2010. "Thailand's Student Loans Fund: Interest rate subsidies and repayment burdens," Economics of Education Review, Elsevier, vol. 29(5), pages 685-694, October.
- Barr, Nicholas, 2001. "The Welfare State as Piggy Bank: Information, Risk, Uncertainty, and the Role of the State," OUP Catalogue, Oxford University Press, number 9780199246595, December.
- repec:lan:wpaper:2436 is not listed on IDEAS
- Ross Finnie & Ted Wannell, 2004. "Evolution of the gender earnings gap among Canadian university graduates," Applied Economics, Taylor & Francis Journals, vol. 36(17), pages 1967-1978.
- Minicozzi, Alexandra, 2005. "The short term effect of educational debt on job decisions," Economics of Education Review, Elsevier, vol. 24(4), pages 417-430, August.
- repec:lan:wpaper:2516 is not listed on IDEAS
- repec:lan:wpaper:2434 is not listed on IDEAS
- Wannell, Ted & Finnie, Ross, 2004. "The Evolution of the Gender Earnings Gap Amongst Canadian University Graduates," Analytical Studies Branch Research Paper Series 2004235e, Statistics Canada, Analytical Studies Branch.
When requesting a correction, please mention this item's handle: RePEc:bic:journl:v:12:y:2012:i:2:p:73-88. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Lelde Jakobsone)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.