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Harding, Ann – Education Economics, 1995
Outlines design issues involved with introducing an income-contingent, college student-loan program and describes the solutions adopted by Australian and New Zealand governments. Uses dynamic microsimulation to simulate the likely future repayment profiles for two Australian ICL schemes and assesses the proportion of total debt repaid. (19…
Descriptors: Educational Finance, Foreign Countries, Higher Education, Loan Repayment