Policies in Tertiary Education and the Change in Attendance and Time-to-Degree
This paper investigates the effect of reforms on the time-to-degree and attendance at colleges. My model predicts that with imperfect credit markets imposing tuition fees may raise instead of reducing the time-to-degree. In the final section of the paper, I present a proposal for a reform which incorporates differentiated fees and a credit point system. I derive an optimal fee for maximal attendance in higher education.
|Date of creation:||15 Sep 2004|
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