In this paper we evaluate the changes in the times-to-degree at the Finnish universities in the 1990s. In particular, we evaluate the effect of the 1992 student aid reform that was intended to shorten the duration of university studies. We find that the student aid reform had only a modest...

In 2001, the Swedish system of student aid for college students was substantially re-formed; the grant-share of the total aid was increased, students were allowed to earn more without a reduction in student aid, and the repayment schedule of the loans was significantly tightened. In this paper, we...