What Are The Alternatives To Student Loans In Higher Education Funding?
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Keywords
college, student loans, higher education funding, labor markets, tertiary education levy, HECS, income contingent scheme, economics, human capital, private rate of return, social rate of return
Abstract
In a period of student loan scandals and U.S. financial market instability impacting on the cost and availability of student loans, this paper looks at alternative models of higher education funding. In this context, it also considers the level of financial support that the government should provide to higher education.
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