TY - JOUR
T1 - Student loan reforms for German higher education
T2 - Financing tuition fees
AU - Chapman, Bruce
AU - Sinning, Mathias
PY - 2014/11
Y1 - 2014/11
N2 - It is generally agreed that the funding base for German universities is inadequate and perhaps the time has come for serious consideration of the imposition of nontrivial tuition charges. This article compares conventional and income contingent loans (ICLs) for financing tuition fees at German universities. Two aspects are considered: the size of repayment burdens associated with mortgage-style loans, and the time structure of revenue to the government from a hypothetical ICL. We find that tuition fees could increase considerably with the use of an ICL system similar to policy approaches used in Australia, England and New Zealand.
AB - It is generally agreed that the funding base for German universities is inadequate and perhaps the time has come for serious consideration of the imposition of nontrivial tuition charges. This article compares conventional and income contingent loans (ICLs) for financing tuition fees at German universities. Two aspects are considered: the size of repayment burdens associated with mortgage-style loans, and the time structure of revenue to the government from a hypothetical ICL. We find that tuition fees could increase considerably with the use of an ICL system similar to policy approaches used in Australia, England and New Zealand.
KW - educational finance
KW - government expenditures on education
KW - state and federal aid
KW - student financial aid
UR - http://www.scopus.com/inward/record.url?scp=84905000004&partnerID=8YFLogxK
U2 - 10.1080/09645292.2012.729327
DO - 10.1080/09645292.2012.729327
M3 - Article
SN - 0964-5292
VL - 22
SP - 569
EP - 588
JO - Education Economics
JF - Education Economics
IS - 6
ER -