In this paper, we consider lessons for other countries about the design of student loans with income-contingent repayments (i.e. repayments calculated as "x" per cent of each borrower's subsequent income). Using a dataset of 20,000 simulated lifetime graduate earnings paths, we estimate the cost and distributional effects of reforms in…

As the borders between higher education systems continue to erode and competition for qualified students increases, many institutions are exploring variable pricing options, known in the USA as "tuition discounting." The goal of tuition discounting is to use institutional funds to attract and retain desired students while maximizing net…

Full-time students engaged in part-time studies have been a subject of increasing academic attention. This study extends work in this area by examining: the extent to which full-time undergraduate students undertake part-time employment, the reasons for working whilst studying full-time and the extent to which students relate their part-time…

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.

The prospect of tuition fee increases for public sector universities has attracted an enormous amount of attention in recent years as governments in all industrialized countries have responded to the converging pressures of increased demands for higher education and rising costs of competing areas of social spending. I show that this dilemma is…

Examines the financial situation of college students in the United Kingdom during the last years of the old higher education system. Examination included income levels and sources, and the total teaching cost per student and per graduate. The implications of this data within the new, developing system of higher education funding are discussed.…

A survey of 1,720 second-year undergraduates at the University of Brighton (England) gathered basic demographic information and data on their financial status, including the form(s) of student financial aid applied for and awarded, parent contributions and other income sources, housing, transportation, and school and other costs. (MSE)