We study the impact of socio-economic status on enrollment and study decisions in higher education. We use a discrete choice approach to distinguish between three channels. First, students from disadvantaged backgrounds may be more sensitive to the costs of education. Second, they may have lower preferences for education. Third, they may have…

While higher education is regarded a high priority for economic development in many countries, public budgets often fall short to support desired levels of expansion in higher education. This leads to cost-sharing: students and their families are required to contribute more to the costs of higher education. This paper explores worldwide trends to…

In an integrated set of jurisdictions, where residents of one country may obtain higher education in another country and later return home (with some probability), the question arises of which country has to pay for higher education abroad - the country of origin of the student, which is likely to benefit from the education acquired abroad, or the…

Over the past few decades, higher education has become available around the world to a degree unimaginable to earlier generations. In many ways, accessible mass higher education is the foundation of the modern knowledge economy, and without it, the bright futures of many youth around the world would be dimmed. Preserving and enhancing the…