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An equity perspective on access to, enrolment in and finance of tertiary education

  • Rita Asplund
  • Oussama Ben Adbelkarim
  • Ali Skalli

Failure to achieve equitable access to university studies has contributed to turning the focus to the funding of higher education systems. This paper aims to review critically the literature assessing the effectiveness of existing financing schemes and changes in them as a means for reducing the prevalent under-representation of students from a socially disadvantaged background. While the theoretical literature fails to be consensual with respect to the equity effects of student funding schemes, empirical studies remain scarce and inconclusive due to the lack of harmonized data that comprehensively describe the social make-up of higher education attendees. For reasons of space, references are kept at a minimum but can be found elsewhere.1

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File URL: http://www.tandfonline.com/10.1080/09645290802338102
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Article provided by Taylor & Francis Journals in its journal Education Economics.

Volume (Year): 16 (2008)
Issue (Month): 3 ()
Pages: 261-274

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Handle: RePEc:taf:edecon:v:16:y:2008:i:3:p:261-274
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References listed on IDEAS
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  1. Bas Jacobs & Frederick Van Der Ploeg, 2006. "Guide to reform of higher education: a European perspective," Economic Policy, CEPR;CES;MSH, vol. 21(47), pages 535-592, 07.
  2. Schultz, Theodore W, 1972. "Optimal Investment in College Instruction: Equity and Efficiency," Journal of Political Economy, University of Chicago Press, vol. 80(3), pages S2-S30, Part II, .
  3. Shireman, Robert, 2004. "Straight Talk on Student Loans," University of California at Berkeley, Center for Studies in Higher Education qt1vq388vv, Center for Studies in Higher Education, UC Berkeley.
  4. Bruce Chapman, 2001. "Australian Higher Education Financing: Issues for Reform," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 34(2), pages 195-204.
  5. Robert Dur, 2004. "Should Higher Education Subsidies Depend on Parental Income?," Oxford Review of Economic Policy, Oxford University Press, vol. 20(2), pages 284-297, Summer.
  6. Pedro Carneiro & James J. Heckman, 2002. "The Evidence on Credit Constraints in Post-Secondary Schooling," NBER Working Papers 9055, National Bureau of Economic Research, Inc.
  7. Bas Jacobs & Sweder J.G. van Wijnbergen, 2005. "Capital Market Failure, Adverse Selection and Equity Financing of Higher Education," Tinbergen Institute Discussion Papers 05-037/3, Tinbergen Institute.
  8. 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.
  9. Corak, Miles & Lipps, Garth & Zhao, John, 2004. "Family Income and Participation in Post-Secondary Education," IZA Discussion Papers 977, Institute for the Study of Labor (IZA).
  10. Vincent, VANDENBERGHE & Olivier, DEBANDE, 2005. "Paying after Graduation. An Empirical assessment of loans wit Income Forgiveness and Human Capital Contracts," Discussion Papers (ECON - Département des Sciences Economiques) 2005003, Université catholique de Louvain, Département des Sciences Economiques.
  11. Flavio Cunha & James J. Heckman & Lance Lochner & Dimitriy V. Masterov, 2005. "Interpreting the Evidence on Life Cycle Skill Formation," NBER Working Papers 11331, National Bureau of Economic Research, Inc.
  12. Anh T. Le & Paul W. Miller, 2005. "Participation in Higher Education: Equity and Access?," The Economic Record, The Economic Society of Australia, vol. 81(253), pages 152-165, 06.
  13. David Greenaway & Michelle Haynes, 2003. "Funding Higher Education in The UK: The Role of Fees and Loans," Economic Journal, Royal Economic Society, vol. 113(485), pages F150-F166, February.
  14. Chapman, Bruce, 2006. "Income Contingent Loans for Higher Education: International Reforms," Handbook of the Economics of Education, Elsevier.
  15. Johnstone, D. Bruce, 2004. "The economics and politics of cost sharing in higher education: comparative perspectives," Economics of Education Review, Elsevier, vol. 23(4), pages 403-410, August.
  16. Barr, Nicholas, 1993. "Alternative Funding Resources for Higher Education," Economic Journal, Royal Economic Society, vol. 103(418), pages 718-28, May.
  17. Ayesha Yaqub Vawda, 2003. "Who benefits from public education expenditures?," Economic Affairs, Wiley Blackwell, vol. 23(1), pages 40-43, March.
  18. Steve Machin & Anna Vignoles, 2004. "Educational inequality: the widening socio-economic gap," Fiscal Studies, Institute for Fiscal Studies, vol. 25(2), pages 107-128, June.
  19. Burdman, Pamela, 2005. "The Student Debt Dilemma: Debt Aversion as a Barrier to College Access," University of California at Berkeley, Center for Studies in Higher Education qt6sp9787j, Center for Studies in Higher Education, UC Berkeley.
  20. Chapman, B., 1996. "Conceptual Issues and the Australian Experience with Income Contingent Charges for Higher Education," CEPR Discussion Papers 350, Centre for Economic Policy Research, Research School of Economics, Australian National University.
  21. McPherson, Michael S & Schapiro, Morton Owen, 1991. "Does Student Aid Affect College Enrollment? New Evidence on a Persistent Controversy," American Economic Review, American Economic Association, vol. 81(1), pages 309-18, March.
  22. Chan, Jimmy & Eyster, Erik, 2007. "The Distributional Consequences of Diversity-Enhancing University Admissions Rules," CEPR Discussion Papers 6278, C.E.P.R. Discussion Papers.
  23. Fernando Galindo-Rueda & Anna Vignoles, 2005. "The Declining Relative Importance of Ability in Predicting Educational Attainment," Journal of Human Resources, University of Wisconsin Press, vol. 40(2).
  24. Lorraine Dearden & Emla Fitzsimons & Alissa Goodman & Greg Kaplan, 2008. "The effects of higher education funding reforms on the lifetime incomes of graduates," CEE Discussion Papers 0078, Centre for the Economics of Education, LSE.
  25. Fernando Galindo-Rueda & Oscar Marcenaro & Anna Vignoles, 2004. "The Widening Socio-Economic Gap in UK Higher Education," CEE Discussion Papers 0044, Centre for the Economics of Education, LSE.
  26. Bas Jacobs, 2002. "An investigation of education finance reform; graduate taxes and income contingent loans in the Netherlands," CPB Discussion Paper 9, CPB Netherlands Bureau for Economic Policy Analysis.
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