1st Edition

Government Managing Risk Income Contingent Loans for Social and Economic Progress

By Bruce Chapman Copyright 2006
288 Pages 41 B/W Illustrations
by Routledge

288 Pages 41 B/W Illustrations
by Routledge

240 Pages 41 B/W Illustrations
by Routledge

Higher education rates are increasing throughout the Western world, yet at the same time, government budgets face increasing constraints. This has ensured that the importance of student support is recognized in many countries. In recent years there has been a world-wide movement towards the use of income contingent loans (ICL) for higher education. ICLs are now used in six countries following the... Read more

List of Figures.  List of Tables.  Acronyms.  Preface.  Introduction.  Part I: Income Contingent Loans for Higher Education  1. Summary of Part I  2. Paying for Higher Education  3. The Case for Income Contingent Loans for Higher Education Financing  4. A Detailed Case Study of a Risk-Sharing Income Contingent Loan: Australia, 1989 to 2004  5. Income Contingent Loans for Higher Education: The International Experience  Part II: Income Contingent Loans for Public Policy: Five Case Studies  6. Summary of Part II  7. Turning Grants into Loans: Income Contingent Loans for Drought Relief  8. Criminal Reparations: Using the Tax System to Collect Fines   9. Criminal Reparations: Using Financial Incentives and Income Contingent Fines for White Collar Crimes 10. Social and Community Investments: Profit Contingent Loans for Economically Disadvantaged Regions  11. Income Contingent Loans for Low Income Households
Part III: Income Contingent Loans for Public Policy: Reform Issues and Additional Potential Areas  12. Summary of Part III  13. Similarities and Differences Between the Income Contingent Loan.  Case Studies.  14. Epilogue.  References.  Appendices.

Biography

Bruce Chapman

'Chapman's book is the definitive study of the concept and practice of ICLs and an indispensable source of these further development.' - The Economic Record