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Direct linkElmira, Elza; Suryadarma, Daniel – Higher Education: The International Journal of Higher Education Research, 2020
This paper examines the feasibility of an income-contingent loan system to finance tertiary education in Indonesia. Using graduates' income data from the 2015 National Labor Force Survey, we modeled the life-cycle income distribution of university graduates using unconditional quantile regression. We used these estimates to simulate different…
Descriptors: Foreign Countries, Income Contingent Loans, Loan Repayment, College Graduates
