Despite the increasing number of students learning abroad, little is known about the way international students migrate and how policies influence their decision. This article evaluates one German state's recent policy to charge international students for tuition, while tertiary education remains free elsewhere. For my difference-in-differences…

Public higher education is chronically under-funded in developing countries, making private investment necessary for human capital development. We investigate if information provision mobilizes support for private investment in public higher education by employing an online RCT in Afghanistan. We find that information cues impact respondents'…

Public sector universities offer in-state and out-of-state students similar amounts of institutional aid per ACT point. Private universities, however, offer in-state students over 65% more aid per ACT point than out-of-state students. I develop a general equilibrium model to explain why private universities price discriminate in favor of in-state…

We develop two formal competitive models of the private higher education market focusing on quality and tuition where informational asymmetry is present: one consisting of for-profit universities only, and the other including also private non-profit universities. For both models, we characterize the competitive equilibrium to gain insights into…

Since the fall of 2017, New York has offered free tuition to eligible residents attending its state-funded two-year and four-year colleges under its unique Excelsior Scholarship program. We use the difference-in-differences and generalized synthetic control estimators to document that institution-level enrollment effects are negligible. Our study…

This paper examines the effect of a tuition-free high school program launched in FY2010 in Japan on the high school enrollment rate and household spending. We have some interesting findings. First, the program contributed to improvement in the high school enrollment rate for poorer households. Second, the program stimulated household spending…

We generate selection-adjusted NPV and IRR estimates for a bachelor's degree in the U.S. which account for time-to-graduation, debt financing and tuition levels. We find that a college degree is generally worthwhile, but the private value of the investment is a declining function of time-to-graduation. Selection-adjustments show that for students…

The recent growth in privately administered secondary education in many developed countries has been a widely observed phenomenon. The Australian private secondary school sector has grown faster than those in any other "OECD" nation, even though the average tuition fees charged by these schools have increased at double the nation's…

Modelling students' behaviour in relation to tuition fees is a complex task since students' "talent" is not common knowledge. Students observe a private noisy signal of their abilities, while university receives noisy information based on the quantitative and qualitative data provided by university applicants. In this article, we add the…

In order to present an estimation of the internal rate of return (IRR) to higher education in Colombia, we take advantage of recent updates on the methodological approach towards earnings equations. In order to overcome the criticism that surrounds interpretations of the education coefficient of Mincer equations as being the rate of return to…

We assess the implementation of income contingent loan (ICL) schemes for higher education in a context characterized by two main features: a formerly tuition-free system and a great heterogeneity in the quality and cost of higher education. In that case, ICL implementation leads to a trade-off between increasing "career" equity in terms…

In 1979, less than 30% of full-time university students in Canada worked for pay during the academic year. By the mid-2000s, this had risen to 45%. This trend to increasing work among full-time students is also evident in other countries, and may be a concern if it reduces students' investment in human capital during their studies. I find that,…

We examine the effects of a branch campus on the social welfare of the host country and the foreign university. Overall, we find that a branch campus increases both the domestic social welfare (measured by the aggregate student utility) and the tuition revenue of the foreign university. The effect of a branch campus on the brain drain is…

This paper develops a simple static model of an imperfectly competitive university operating under government-imposed constraints on the ability to raise tuition fees and increase enrollments. The model has particular applicability to Canadian universities. Assuming an average cost pricing rule, rules for adequate government subsidies (operating…

Universities around the United States are seeking ways to attract students to their institutions. One possible strategy is to compete for out-of-state students. Since an early 1970s examination of the determinants of student migration by Tuckman, there have been several subsequent studies that have either further developed the methodology of the…