The United States has been at the forefront of a global shift away from direct state funding of higher education and toward student loans, and student debt has become an issue of growing social concern. Why did student loans expand so much in the United States in the 1990s and 2000s? And how...

This chapter discusses the Government of Barbados’s 2014 introduction of partially student paid tuition fees for Barbadians attending the University of the West Indies (UWI), Cave Hill Campus. This introduction of a student paid tuition component came after fifty years of state-funded...

Financial aid to college students has been widely implemented by governments indeveloped and emerging economies in an attempt to reduce the entry barriers to highereducation (HE). Understanding the extent to which these policies enable access to HE is crucialin order to unravel the effectiveness...

PARTS I AND II Following its implementation in mid-2012, Deferred Action for Childhood Arrivals served as both a temporary reprieve from deportation for many undocumented youth in the United States and as a doorway to post-secondary education and careers beyond. However, for DACA recipients and...

One frequently cited yet understudied channel through which funding levels impact college students is course availability—colleges are often forced to respond to budgetary pressure by reducing course offerings. We provide the first causal evidence on this mechanism at a community college,...

We use the recent introduction of tuition fees at public universities in seven of the sixteen German states to identify the effects of tuition fees on university enrollment of first-year students at German public universities. Our study differs from previous research in two important ways....

We estimate selection and sorting effects on the evolution of the private return to schooling for college graduates during China's between 1988 and 2002. We pay special attention to the changing role of sorting by ability versus budget-constraint effects as China's education policy has changed...

In this paper, we estimate the rate of return to first degrees, masters degrees and PhDs in Britain using data from the Labour Force Survey. We estimate returns to broad subject groups and more narrowly defined disciplines, distinguishing returns by gender and attempting to control for...

The relationship between family income and post-secondary participation is studied in order to determine the extent to which higher education in Canada has increasingly become the domain of students from well-to-do families. An analysis of two separate data sets suggests that individuals from...

This paper provides evidence of heterogeneity in the returns to higher education in the UK. Attending the most prestigious universities leads to a wage premium of up to 6% for males. The rise in participation in higher education also led to a greater sorting of students and an increase in the...