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• W2619994670 abstract "No AccessMay 2017The Demand Side of the Higher Education ExpansionAuthors/Editors: Maria Marta FerreyraMaria Marta FerreyraSearch for more papers by this authorhttps://doi.org/10.1596/978-1-4648-1014-5_ch4AboutView ChaptersFull TextPDF (0.9 MB) ToolsAdd to favoritesDownload CitationsTrack Citations ShareFacebookTwitterLinked In Abstract: Examines the demand-side drivers of the recent expansion of higher education in the Latin America and Caribbean (LAC) region by studying admission and funding mechanisms and exploring (1) student sorting across programs and higher education institutions (HEIs); (2) HEIs’ changes throughout the expansion; and (3) the unintended consequences of funding mechanisms. Access rates grew in most countries, mainly due to rising high school graduation rates. Colombia, however, proved an exception, as most of the “new” students proved low income and high ability, which contributed to equity and efficiency of the expansion. Large-scale attempts to expand higher education access through free tuition or student loans have quite different effects, some of them unintended. Whereas loans create incentives for student effort, free tuition does not—and will likely attract students unlikely to graduate. In the long term, even large higher education expansions may not have large effects on the skill composition or skill premium. ReferencesAbraham, K G and M A Clark. 2006. “Financial Aid and Students’ College Decisions Evidence from the District of Columbia Tuition Assistance Grant Program.” Journal of Human Resources 41 (3): 578–610. CrossrefGoogle ScholarAlbrecht, D and A Ziderman. 1992. “Funding Mechanisms for Higher Education.” World Bank Discussion Papers 153 World Bank Washington, DC. Google ScholarAngrist, J, S Hudson, and A Pallais. 2014. “Leveling Up: Early Results from a Randomized Evaluation of Post-Secondary Aid.” NBER Working Paper 20800, National Bureau of Economic Research, Cambridge, MA. 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CrossrefGoogle Scholar Previous chapterNext chapter FiguresreferencesRecommendeddetailsCited byWell‐being of higher education consumers: A review and research agendaInternational Journal of Consumer Studies, Vol.46, No.514 February 2022 View Published: May 2017ISBN: 978-1-4648-1014-5e-ISBN: 978-1-4648-1015-2 Copyright & Permissions Related RegionsLatin America & CaribbeanRelated CountriesColombiaRelated TopicsEducation KeywordsCASE STUDYRETURNS TO EDUCATIONQUALITY OF EDUCATIONEDUCATIONAL OUTCOMESCOLLEGES AND UNIVERSITIESTERTIARY EDUCATIONACCESS TO EDUCATIONEDUCATIONAL EQUALITYEDUCATIONAL ATTAINMENTEDUCATION FINANCINGEDUCATIONAL INSTITUTIONSSTUDENT LOANS PDF DownloadLoading ..." @default.
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