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Financing Bologna Students' Mobility

Author

Listed:
  • Marcel Gerard

    (FuCAm, UCLouvain)

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 motivated 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

Suggested Citation

  • Marcel Gerard, 2010. "Financing Bologna Students' Mobility," Taxation Papers 26, Directorate General Taxation and Customs Union, European Commission.
  • Handle: RePEc:tax:taxpap:0026
    as

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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Bologna process; Higher Education; Contingent loan; Bhagwati tax;
    All these keywords.

    JEL classification:

    • I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • H77 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Intergovernmental Relations; Federalism

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