Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/227334
Authors: 
Anderberg, Dan
Chevalier, Arnaud
Hassani Nezhad, Lena
Lührmann, Melanie
Pavan, Ronni
Year of Publication: 
2020
Series/Report no.: 
IZA Discussion Papers No. 13807
Abstract: 
We study the impact of higher education financing on the academic aspirations of teenagers and of their parents. We exploit a reform which introduced a large increase in the maximum university tuition fees and a more redistributive student loan system, both of which varied across the UK's constituent countries. Using rare survey data on postcompulsory secondary and university education aspirations, we find that teenagers' aspirations are not responsive to large changes in higher education financing. In contrast, the socio-economic gap in parental aspirations for their childrens' education is reduced through the reform, in accordance with the redistributive financing policies set by policy-makers.
Subjects: 
education aspirations
university cost
access to higher education
JEL: 
I23
I22
I24
J24
D84
Document Type: 
Working Paper

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