Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/174052
Authors: 
Hämäläinen, Ulla
Koerselman, Kristian
Uusitalo, Roope
Year of Publication: 
2017
Series/Report no.: 
IZA Discussion Papers No. 11142
Abstract: 
We evaluate a Finnish student financing reform which created substantial financial incentives for on-time graduation, and had the side effect of turning expected nominal interest rates on student loans strongly negative. We find that both the timing of graduation and the take-up of loans remained unaffected by the reform. This is consistent with earlier findings in the literature that students do not seem to process financial incentives well when framed as a loan.
Subjects: 
incentives
student finance
higher education
pace of studies
student loans
JEL: 
I22
Document Type: 
Working Paper

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