The impact of income‐contingent provisions on students' loan‐taking behaviour

Elisa Rose Birch, Paul W. Miller
2008 Journal of economic studies  
This paper investigates the determinants of taking out government-funded student loans for university study in Australia. Using an ordered probit model, the analysis considers the factors which affect students' decisions on funding their entire tertiary study using student loans, funding some of their university study using student loans, and funding their university study entirely through other means. It finds that the probability of taking out students loans for the full cost of university is
more » ... largely influenced by students' socioeconomic status. Other major influences on this decision include students' demographic and university enrolment characteristics.
doi:10.1108/01443580810844406 fatcat:slx3gyrl4jakffag2g4suyorzq