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Design (RDD), I evaluate a cash subsidy program embedded into the main governmental student loan program in Colombia. I … significant. With respect to the default rates, cash subsidy beneficiaries tend to have lower rates at the cutoff, but this result … is not statistically significant. However, the measure of the subsidy effect on the latter two outcomes is affected by …
Persistent link: https://www.econbiz.de/10012898879
We analyse the effects of a national reform of higher education financing on the decisionmaking of secondary school students in the Netherlands. The reform eliminated a universalsubsidy for higher education students and replaced it by a low-interest loan, causing asubstantive increase in the...
Persistent link: https://www.econbiz.de/10013217137
The total social benefits of college education exceed the private benefits because the government receives a share of the monetary returns in the form of income taxes. We study the policy implications of this fiscal externality in an optimal dynamic tax framework. Using a variational approach we...
Persistent link: https://www.econbiz.de/10011491864
The total social benefits of college education exceed the private benefits because the government receives a share of the monetary returns in the form of income taxes. We study the policy implications of this fiscal externality in an optimal dynamic tax framework. Using a variational approach we...
Persistent link: https://www.econbiz.de/10011295596
The total social benefits of college education exceed the private benefits because the government receives a share of the monetary returns in the form of income taxes. We study the policy implications of this fiscal externality in an optimal dynamic tax framework. Using a variational approach we...
Persistent link: https://www.econbiz.de/10011295805
We study the optimal design of student financial aid as a function of parental income. We derive optimal financial aid formulas in a general model. For a simple model version, we derive mild conditions on primitives under which poorer students receive more aid even without distributional...
Persistent link: https://www.econbiz.de/10011921506
Equal educational opportunity is a core American value. Yet many children of low-income or minority racial or ethnic status attend public schools that are lower quality compared with those that white children or high-income children attend. And data indicate that, on average, low-income or...
Persistent link: https://www.econbiz.de/10012433352
We analyse the effects of a national student finance reform in the Netherlands, which replaced universal subsidies for higher education students by low-interest loans. We show that this reform had a large impact on education choices of secondary school students, lowering their enrolments in...
Persistent link: https://www.econbiz.de/10012609203
We study the optimal design of student financial aid as a function of parental income. We derive optimal financial aid formulas in a general model. For a simple model version, we derive mild conditions on primitives under which poorer students receive more aid even without distributional...
Persistent link: https://www.econbiz.de/10012139572
We analyse the effects of a national student finance reform in the Netherlands, which replaced universal subsidies for higher education students by low-interest loans. We show that this reform had a large impact on education choices of secondary school students, lowering their enrolments in...
Persistent link: https://www.econbiz.de/10013406857