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Student Assistance Schemes and the Supply of Highly Skilled Manpower: The Australian Experience

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  • L. R. MAGLEN

Abstract

In most countries national higher education systems provide the major source of supply of highly skilled manpower. Whilst supply from this source is a function of the demand for higher education places, their supply, and the internal efficiency and flexibility of higher education institutions, comparatively little is known of the relative importance of these determinants, what in turn determines them, and how they interreact. Any generalized answers to these questions will be strongly mitigated by institutional, demographic and socio‐economic variations over time and between countries. This paper analyzes the influence of immediate financial variables, as important elements in the price of higher education, as they applied in the era of Commonwealth Scholarship Schemes in Australia.

Suggested Citation

  • L. R. Maglen, 1978. "Student Assistance Schemes and the Supply of Highly Skilled Manpower: The Australian Experience," The Economic Record, The Economic Society of Australia, vol. 54(1), pages 94-110, April.
    • Handle: RePEc:bla:ecorec:v:54:y:1978:i:1:p:94-110
    DOI: 10.1111/j.1475-4932.1978.tb00319.x
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    References listed on IDEAS

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    1. Layard, Richard & Psacharopoulos, George, 1974. "The Screening Hypothesis and the Returns to Education," Journal of Political Economy, University of Chicago Press, vol. 82(5), pages 985-998, Sept./Oct.
    2. Alan Freiden & Robert J. Staaf, 1973. "Scholastic Choice: An Economic Model of Student Behavior," Journal of Human Resources, University of Wisconsin Press, vol. 8(3), pages 396-404.
    3. Sandra Christensen & John Melder & Burton A. Weisbrod, 1975. "Factors Affecting College Attendance," Journal of Human Resources, University of Wisconsin Press, vol. 10(2), pages 174-188.
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