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A Simulation of an Income Contingent Tuition Scheme in a Transition Economy

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dc.creator Vodopivec, Milan
dc.date 2004
dc.date.accessioned 2013-10-16T07:10:51Z
dc.date.available 2013-10-16T07:10:51Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20511
dc.identifier ppn:395901545
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20511
dc.description The paper takes advantage of exceptionally rich longitudinal data on the universe of labor force participants in Slovenia and simulates the working of an income contingent loan scheme to partly recover tuition costs. The simulations show that under the base variant (where the target cost recovery rate is 20 percent and the contribution rate is 2 percent), 55 percent of individuals would have repaid their entire debt within 20 years; 19 percent of individuals still would not have repaid any of their debt after 20 years; and the "leakage" of the scheme due to uncollected debt would have been 13.5 percent of total lending. By piggybacking on existing administrative systems, implementation costs would be minimal, amounting to less than 0.5 percent of collected debt.
dc.language eng
dc.publisher
dc.relation IZA Discussion paper series 1247
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject J24
dc.subject C15
dc.subject I28
dc.subject ddc:330
dc.subject income contingent loan
dc.subject education
dc.subject tuition
dc.subject simulation
dc.subject Studienfinanzierung
dc.subject Kredit
dc.subject Einkommen
dc.subject Übergangswirtschaft
dc.subject Simulation
dc.subject Slowenien
dc.title A Simulation of an Income Contingent Tuition Scheme in a Transition Economy
dc.type doc-type:workingPaper


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