Abstract
The rising cost of higher education is one of the most vexing public policy challenges facing the United States and many other nations. At the same time, expanding access to higher education and promoting completion of degrees and related credentials of value is critical given the relationship between educational attainment and a host of individual and public returns on investment. Governments around the world struggle with the conundrum of how to expand educational access in a time of economic challenge and austerity measures designed to shrink national outlays in response to reduced tax revenues. These challenges have accelerated a two-decade global trend of shifting an increasing percentage of educational costs from governments to individual students and their families.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Andrews, L. (1997). Effect of HECS on interest in undertaking higher education. Canberra, ACT, Australia: Department of Education, Employment, Training, and Youth Affairs.
Aungles, P., Buchanan, I., Karmel, T., & MacLachlan, M. (2002). HECS and opportunities in higher education: A paper investigating the impact of the Higher Education Contribution Scheme (HECS) on the higher education system. Retrieved from http://www.dest.gov.au/directory/media/reports/hecs.htm.
Bardsley, N. (1989). Impact of the higher education scheme—Survey report Western Australia. Canberra, ACT, Australia: Department of Employment, Education, and Training.
Bluestone, B., Havens, J., Clayton-Matthews, A., & Young, H. (1990). Financing opportunity for postsecondary education in the U.S.: The Equity Investment in America program. Washington, DC: Economic Policy Institute. (Education Document Reproduction Service, No. ED322828).
Burd, S. (2012, September/October). “Answering the critics of ‘pay as you earn’ plans.” Washington Monthly. Retrieved online from http://www.washingtonmonthly.com/magazine/septemberoctober_2012/features/answering_the_critics_of_pay_a039358.php.
Burdman, P. (2005, October). The student debt dilemma: Debt aversion as a barrier to college access. A discussion paper for The Institute for College Access and Success (Research & Occasional Paper Series No. CSHE.13.05). Center for Studies in Higher Education, University of California, Berkeley.
Caliber Associates (2003, March). Cultural barriers to incurring debt: An exploration of borrowing and impact on access to postsecondary education. Santa Fe, NM: ECMC Group Foundation.
Chapman, B. (2006). Income contingent loans for higher education: International reforms. In E. Hanushek & F. Welch (Eds.), Handbook of the Economics of Education, Vol. 2 (1435–1503). Amsterdam: Elsevier.
Clarke, J., Zimmer, B., & Main, R. (1997, November). Under-representation in Australian higher education by the socio-economically disadvantaged: Review of trends and practices, and implications for university planning. Paper presented at the Australasian Association for Institutional Research 8th International Conference, Adelaide, South Australia.
DEET (Department of Employment, Education and Training) (1993). National report on Australia’s higher education sector. Canberra, Australia: Australian Government Publishing Service.
DEST (Department of Education, Science, and Training) (Commonwealth of Australia) (2002). Higher education report for the 2002 to 2004 triennium. Retrieved from <www.dest.gov.au/highered/he_report/2002_2004/html>.
Dillon, E. (2011). Affordable at last: A new student loan system. Washington, DC: Education Sector.
Dowd, A. (2006, November). A research agenda for the study of the effects of borrowing and the prospects of indebtedness on students’ college-going choices. A working paper prepared by the New England Resource Center for Higher Education and The Project on Student Debt. Retrieved from http://projectonstudentdebt.org/files/pub/Research_Agenda_NERCHE_TICAS.pdf.
Gillen, A. (2012). “For student loans, income contingent lending is best approach.” The Quick & the Ed. Retrieved online from http://www.quickanded.com/2012/10/for-student-loans-income-contingent-lending-is-best-approach.html.
James, R., Baldwin, G., & McInnis, C. (1999). Which university? The factors influencing the choices of prospective undergraduates. Canberra, ACT, Australia: Department of Education, Training, and Youth Affairs.
Johnstone, D.B. (2001). Student loans in international perspective: Promises and failures, myths and partial truths. Buffalo, NY: Center for Comparative and Global Studies in Education, State University of New York at Buffalo.
Kane, T. (1999a). The Price of admission: Rethinking how Americans pay for college. Washington, DC: Brookings, and New York: Russell Sage.
Kane, T. (1999b). Reforming public subsidies for higher education. In M.H. Kosters (Ed.), Financing college tuition: Government policies and educational priorities. Washington, DC: American Enterprise Institute.
Karmel, P. (1998). Funding universities. In Coady, T. (Ed.), Why universities matter: A conversation about values, means and directions. Sydney, New South Wales, Australia: Allen & Unwin.
Karmel, T. (1999). Financing higher education in Australia. Canberra, ACT, Australia: Department of Education, Training and Youth Affairs.
OECD (Organisation for Economic Co-operation and Development) (2012). Education at a Glance 2012: OECD Indicators (Country note: Australia). Retrieved online from http://www.OECD.org/edu/EAG2012%20-%20Country%20note%20-%20Australia.pdf.
Ramsay, E., Trantor, D., Charlton, S., & Summer, R. (1998). Higher education access and equity for low SES school leavers: A case study. Canberra, ACT, Australia: Department of Education, Training and Youth Affairs.
Rasmussen, C.J. (2002a, June). The relationship of public and private benefit,university fee structures, and higher education access: The case of Australia. Paper presented at the Association for Institutional Research annual conference, Toronto, Ontario, Canada.
Rasmussen, C.J. (2002b, November). Addressing the continued socioeconomic gap in higher education: Insights from low-income students in Australian universities. Paper presented at the annual meeting of the Association for the Study of Higher Education, Sacramento, CA.
Rasmussen, C.J. (2005). A qualitative exploration of psychological, sociological, and economic benefitcost considerations in the postsecondary decision-making process of lower-income Australian youth (Unpublished doctoral dissertation). University of Michigan, Ann Arbor.
Rasmussen, C.J. (2006). Effective cost-sharing models in higher education: Insights from low-income students in Australian universities. Higher Education, 51, 1–25.
Rasmussen, C.J., & Reinert, L. (Eds.) (2012). Improving college readiness: Perspectives for research, policy, and practice. Minneapolis, MN: Midwestern Higher Education Compact.
Rasmussen, C.J., Soria, K.M., Lepkowski, C.C., & Landreman, L.M. (2012). Difficult dialogues, rewarding solutions: Heartland perspectives on America’s human capital challenge. Minneapolis, MN: Midwestern Higher Education Compact.
Robertson, F., & Sloan, J. (1990). Impact of the Higher Education Contribution Scheme—Survey report Victoria. Canberra, ACT, Australia: Department of Employment, Education, and Training.
Schrag, P.G. (2002). Repay as you earn: The flawed government program to help students have public service careers. Westport, CT: Bergin & Garvey.
Usher, A. (2005). Global debt patterns: An international comparison of student loan burdens and repayment conditions. Virginia Beach, VA: Educational Policy Institute.
Western, J.S. (1983). Social inequality in Australian society. South Melbourne, Australia: Macmillan.
Wran, N. (1988). Report of the committee on higher education funding. Canberra, Australia: Department of Employment, Education and Training.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2013 Sense Publishers
About this chapter
Cite this chapter
Rasmussen, C. (2013). Income-Contingent Repayment as Public Policy. In: Meyer, HD., John, E.P.S., Chankseliani, M., Uribe, L. (eds) Fairness in Access to Higher Education in a Global Perspective. SensePublishers, Rotterdam. https://doi.org/10.1007/978-94-6209-230-3_13
Download citation
DOI: https://doi.org/10.1007/978-94-6209-230-3_13
Publisher Name: SensePublishers, Rotterdam
Online ISBN: 978-94-6209-230-3
eBook Packages: Humanities, Social Sciences and LawEducation (R0)