Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/70209 
Autor:innen: 
Erscheinungsjahr: 
2012
Schriftenreihe/Nr.: 
cege Discussion Papers No. 137
Verlag: 
University of Göttingen, Center for European, Governance and Economic Development Research (cege), Göttingen
Zusammenfassung: 
A model is presented where universities competitively supply education to mobile students. Students are subject to a liquidity constraint so that tuition must be paid out of pre-university income. It is shown that student loans provided by home jurisdictions will ensure an efficient quality of higher education if loans do not contain any subsidy. If there is income-related debt relief, however, the equilibrium quality of education is inefficiently low. This is because students reduce their expected future income by attending a university offering low quality, and thereby reduce the amount of debt to be repaid.
Schlagwörter: 
education
university
mobility
liquidity constraint
debt relief
JEL: 
H75
I23
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
402.32 kB





Publikationen in EconStor sind urheberrechtlich geschützt.