Financial resources invested in education

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All (3) ((3 results))

  • Articles and reports: 75-001-X200410713123
    Geography: Canada
    Description:

    This study looks at the decision of parents to save, and amounts saved, for the future education of children aged under 19 years in 2002. A model is used to estimate cumulative parental savings, taking into consideration characteristics of the family and the child, aspirations and involvement of parents, awareness of saving incentive programs, and expectations about grant programs.

    Release date: 2004-09-21

  • Articles and reports: 11-522-X20020016726
    Description:

    Although the use of school vouchers is growing in the developing world, the impact of vouchers is an open question. Any sort of long-term assessment of this activity is rare. This paper estimates the long-term effect of Colombia's PACES program, which provided over 125,000 poor children with vouchers that covered half the cost of private secondary school.

    The PACES program presents an unusual opportunity to assess the effect of demand-side education financing in a Latin American country where private schools educate a substantial proportion of pupils. The program is of special interest because many vouchers were assigned by lottery, so program effects can be reliably assessed.

    We use administrative records to assess the long-term impact of PACES vouchers on high school graduation status and test scores. The principal advantage of administrative records is that there is no loss-to-follow-up and the data are much cheaper than a costly and potentially dangerous survey effort. On the other hand, individual ID numbers may be inaccurate, complicating record linkage, and selection bias contaminates the sample of test-takers. We discuss solutions to these problems. The results suggest that the program increased secondary school completion rates, and that college-entrance test scores were higher for lottery winners than losers.

    Release date: 2004-09-13

  • Articles and reports: 81-004-X20040037018
    Description:

    The past decade has seen rising costs associated with postsecondary education. Drawing on data from the Postsecondary Education Participation Survey, conducted in February and March 2002, this article examines: trends in tuition fees; annual expenditures of students in college or university for tuition, living costs and other expenses; and sources of financing relied on by students to cover costs for the 2001-2002 academic year.

    Release date: 2004-09-09
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  • Articles and reports: 75-001-X200410713123
    Geography: Canada
    Description:

    This study looks at the decision of parents to save, and amounts saved, for the future education of children aged under 19 years in 2002. A model is used to estimate cumulative parental savings, taking into consideration characteristics of the family and the child, aspirations and involvement of parents, awareness of saving incentive programs, and expectations about grant programs.

    Release date: 2004-09-21

  • Articles and reports: 11-522-X20020016726
    Description:

    Although the use of school vouchers is growing in the developing world, the impact of vouchers is an open question. Any sort of long-term assessment of this activity is rare. This paper estimates the long-term effect of Colombia's PACES program, which provided over 125,000 poor children with vouchers that covered half the cost of private secondary school.

    The PACES program presents an unusual opportunity to assess the effect of demand-side education financing in a Latin American country where private schools educate a substantial proportion of pupils. The program is of special interest because many vouchers were assigned by lottery, so program effects can be reliably assessed.

    We use administrative records to assess the long-term impact of PACES vouchers on high school graduation status and test scores. The principal advantage of administrative records is that there is no loss-to-follow-up and the data are much cheaper than a costly and potentially dangerous survey effort. On the other hand, individual ID numbers may be inaccurate, complicating record linkage, and selection bias contaminates the sample of test-takers. We discuss solutions to these problems. The results suggest that the program increased secondary school completion rates, and that college-entrance test scores were higher for lottery winners than losers.

    Release date: 2004-09-13

  • Articles and reports: 81-004-X20040037018
    Description:

    The past decade has seen rising costs associated with postsecondary education. Drawing on data from the Postsecondary Education Participation Survey, conducted in February and March 2002, this article examines: trends in tuition fees; annual expenditures of students in college or university for tuition, living costs and other expenses; and sources of financing relied on by students to cover costs for the 2001-2002 academic year.

    Release date: 2004-09-09
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