This paper presents analysis of the implicit subsidies and repayment hardships of Thailand’s Student Loan Fund (SLF). Comparisons are made between the current SLF with alternative similar schemes, assuming different rates of interest and loan repayment periods. We find that the implicit...

This paper illustrates the extent of implicit taxpayer subsidies under four possible income contingent loan (ICL) arrangements for Thailand: TICAL, implemented in 2007 only, a variant of TICAL, and two alternative ICL schemes. The implicit taxpayer subsidy calculated with respect to average...

There is significant unease with the state of college loans in the US, of which Stafford loans are the most common. One of the most important issues relates to the “repayment burden” (RB), the proportion of a debtor's income per period required to repay loans. RBs are fundamental to...

Using the Thai PISA 2009 literacy test, this paper offers two contributions to the literature on the achievement gap between students in urban and rural areas. The first contribution relates to the estimation of the student-level education production function at different points along the...

This special issue of Economics of Education Review is a collection of papers presented at the 2nd Conference on the Economics of Education Policy, organized jointly by Dhurakij Pundit University (DPU), Thailand, and the Australian National University (ANU). The issue illustrates and promotes...

It is commonplace in Australian policy debate for groups presumed to be adversely affected by proposed policies to provide estimates of the undesirable consequences of change. A highly public example of the above is the claim by the Minerals Council of Australia (MCA), based on work done in 2009...

It is commonplace in Australian policy debate for groups presumed to be adversely affected by proposed policies to provide estimates of the undesirable consequences of change. A fashionable form relates to predictions of job losses for the group affected, usually accompanied by counter-claims...

There is significant irresolution in many countries concerning the design of student loan schemes. In no country recently has there been more uncertainty as to the form that loans should take than Thailand. The Student Loans Fund (SLF), a conventional approach to financing, was introduced in...