Programs for computations education finance reform

On this website you can find and download all the files needed to make the computations in the following publications:

Jacobs, Bas (2002). "An Investigation of Education Finance Reform. Income Contingent Loans and Graduate Taxes in the Netherlands", CPB Discussion Paper No. 9, The Hague: CPB Netherlands Bureau for Economic Policy Research.

Jacobs, Bas (2002). "Equity Participation in het Hoger Onderwijs", Economisch Statistische Berichten, 4367, 484-487.

CPB (2003), Macroeconomische Verkenning 2004, speciaal onderwerp: Studiefinanciering Volgens het Boekje, Den Haag: CPB.

Jacobs, Bas, en Erik Canton (2003). "Effecten van de Invoering van een Sociaal Leenstelsel in het Nederlands Hoger Onderwijs", CPB Document No. 39, Oktober 2003, The Hague: CPB Netherlands Bureau for Economic Policy Analysis.

The simulations are run in Stata (version 6 or higher) with the following data:

In Stata-format: simdat3.dta

In Excel-format: simdat3.xls

To compute various policies (loans, graduate taxes, income contingent loans) in Jacobs (2002) and CPB (2003), execute the following files in Stata in the same directory where the simulation data are:

Loans: loan.do

Graduate taxes: gt.do

Income contingent loans: icl.do

Note that variables are denoted in old Dutch Guilders!

In Jacobs and Canton (2003) more policy proposals are computed:

CUNS proposal 1: cuns1.do

CUNS proposal 2: cuns2.do

CUNS proposal 3: cuns3.do

Income contingent loans with a threshold on repayments: drempel.do

Income contingent loans as in the Australian system without interest: aus.do

Income contingent loans as in the Australian system with interest: aus_r.do

Computation of equivalent subsidy on educational costs when interest is fully subsidized: rente.do

Note that most variables are converted in Euros!

Please, contact me (bjacobs@ese.eur.nl) in case you have questions, discovered errors, or problems with running the files.