Financing Bologna Students’ Mobility
(2010) International Conference on Education Economics — Location: Zaragoza, Spain (7.July.2010)
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- Authors
- Abstract
- The current system for financing cross-border students, based on the host country, is neither sustainable nor efficient: it produces too little cross-border education. On that background, and motivate as well by a recent decision of the European Court of Justice, we explore two alternative solutions. The first one substitutes to the financing by the host country, a financing by the country of origin, through vouchers that the student may use at home or abroad provided it is in a recognized institution. The second one, potentially an efficient design, combines that substitution with a reimbursement of education costs through interjurisdictional transfers or the change of vouchers into contingent loans. At the end we also explore the case of differentiated tuition fees, a solution however inconsistent with present rules of the European Union. JEL: I22, I23, H77 Keywords: Bologna process, Higher Education, Contingent loan, Bhagwati tax.
- Affiliations
Louvain School of Management Accounting & Finance FUCaM Sciences de gestion
Citations
Gérard, M. (2010). Financing Bologna Students’ Mobility. International Conference on Education Economics, Zaragoza, Spain. https://hdl.handle.net/2078.5/250466