There is significant irresolution in many countries concerning the design of student loan schemes. In no country recently has there been more uncertainty as to the form that loans should take than Thailand. The Student Loans Fund (SLF), a conventional approach to financing, was introduced in 1996, discontinued at the end of 2005, and re-introduced…

Government student loan schemes typically have implicit interest rate subsidies which, while these are a cost to taxpayers, they have the benefit of diminishing repayment burdens for graduates. Our goal is to illustrate the extent of both interest rate subsidies and repayment burdens with respect to Thailand's Student Loans Fund (SLF), using…

This paper studies the effect of educational debt on a college attendee's future wage and wage growth. I hypothesize that those who took larger loans to pay for college are subject to higher borrowing interest rates and thus prefer income profiles with higher initial earnings, sacrificing future income growth, relative to those who did not take on…

In response to concerns over funding for school construction, the state of Texas has implemented two programs to assist school districts with construction-related debt. This paper examines whether these programs have accomplished their objectives of reducing property taxes (the Existing Debt Allotment (EDA) program) and increasing capital outlays…

Studies the impact of the loan burden of seniors at 27 colleges and universities in 1998 on their plans to pursue graduate and professional degrees. Finds no adverse impact of loan burdens on student postgraduate degree plans. (PKP)

Previous econometric studies of relationship between undergraduate debt and postbaccalaureate activity generally do not find an inverse relationship between debt and activity. Multiequation model developed in this article shows that increase in expected educational debt significantly reduces probability that a student expects to enroll in graduate…

Examines the impact of variations in capital stock (physical assets) across school districts on student achievement. Uses level of bond indebtedness as a proxy for capital stock. Finds significant positive correlation between district per-student bonded indebtedness and student achievement measured by district mean scores on Michigan's Education…

Examines whether undergraduate students are incurring excessive debt to finance college attendance. Using data on debt levels for 1982-83 full-time college seniors in California, the study concludes that no more than four percent of dependent students and five percent of independent students have excessive debt. Includes six tables, seven notes,…

Economic analysis of the borrowing and repayment patterns of Canadian bachelor's-level university graduates using data from the National Graduate Survey of the class of 1990. Finds, for example, that overall women borrowed only slightly less than men, repaid as quickly as men (despite lower earnings), but reported significantly more difficulty in…

Explores whether too few students will pursue doctoral degrees by examining surveys of graduating seniors made in 1982, 1984, and 1989 at certain selective private institutions and by analyzing student and institutional characteristics. Debt does not inhibit graduate school attendance, but certain individual and institutional characteristics…