Higher Education Funding Reforms in England: The Distributional Effects and the Shifting Balance of Costs
定量分析英格兰2004年宣布、2007年修订的高等教育资助改革，通过模拟毕业生终生收入，考察改革对毕业生的分配效应，以及改革如何改变公共与私人部门间的资助平衡。
This article undertakes a quantitative analysis of substantial reforms to the system of higher education (HE) finance in England, first announced in 2004 and revised in 2007. The reforms introduced deferred fees for HE, payable by graduates through the tax system via income-contingent repayments on loans subsidised by the government. The article uses lifetime earnings simulated by the authors to consider the likely distributional consequences of the reforms for graduates. It also considers the costs of the reforms for taxpayers, and how the reforms are likely to shift the balance of funding for HE between the public and private sectors. Copyright 2008 The Author(s). Journal compilation Royal Economic Society 2008.