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Community Attitudes to Income Contingent Loans

Author

Listed:
  • Tim Higgins

    () (The Australian National University)

  • Glenn Withers

    (Universities Australia)

Abstract

A survey of community attitudes to income contingent loans was conducted in May 2008. The predominant focus of the survey was to ascertain the level of support, or otherwise, for the Higher Education Contribution Scheme (HECS) and for the hypothetical application of income contingent loans (ICL) to various other policy areas, including drought relief, child care, research and development, and elite athletes. Public debate over the potential application of income contingent loans to a number of these areas has increased recently. The survey results indicate strong community support for HECS, an ICL for Research and Development, and repayment of government assistance to elite athletes but, by contrast, there is little support for introducing such a scheme for child care, and especially so from those who have received government assistance for child care. Opinion on repayable assistance for farm businesses for drought relief is evenly balanced for and against.

Suggested Citation

  • Tim Higgins & Glenn Withers, 2009. "Community Attitudes to Income Contingent Loans," Australian Journal of Labour Economics (AJLE), Bankwest Curtin Economics Centre (BCEC), Curtin Business School, vol. 12(2), pages 217-236.
  • Handle: RePEc:ozl:journl:v:12:y:2009:i:2:p:217-236
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    Keywords

    Structure and Scope of Government: General Taxation; Subsidies; and Revenue: General National Government Expenditures and Related Policies: General;

    JEL classification:

    • H10 - Public Economics - - Structure and Scope of Government - - - General
    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General

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