EDUCATION IN CHILE: LOOKING FOR A BETTER INSTITUTIONAL DESIGN
In: Cuadernos de economía, Band 40, Heft 121
ISSN: 0717-6821
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In: Cuadernos de economía, Band 40, Heft 121
ISSN: 0717-6821
In: Journal of development economics, Band 59, Heft 1, S. 103-123
ISSN: 0304-3878
In: American economic review, Band 105, Heft 5, S. 508-513
ISSN: 1944-7981
Rising student loan default rates and protests over debt suggest that many students make college enrollment and financing choices they regret. Policymakers have considered tying the availability of federally subsidized loans at degree programs to financial outcomes for past students. This paper considers the implementation of such a policy in Chile. We describe how loan repayment varied by degree type at baseline, the design of the loan reform, and how earnings-based loan caps change availability of loans and incentives for students and higher education institutions. We discuss the challenges facing policymakers seeking to link loan availability to earnings outcomes.
In: Anuario de Derechos Humanos, Band 0, Heft 4
ISSN: 0718-2058
In: Anuario de Derechos Humanos, Band 0, Heft 4
ISSN: 0718-2279