ERIC Number: ED344509
Record Type: RIE
Publication Date: 1992-Mar
Reference Count: N/A
Contingent Repayment Student Assistance Plans. An Outline of Policy Options.
Council of Ontario Universities, Toronto.
This document on contingent student assistance repayment plans in Ontario universities contains a paper on policy options for repayment plans and the manual for a simulation model for testing policy options. The policy options paper begins by describing the contingent repayment concept in which the test for receiving a public subsidy is shifted from the student's parents to the student-as-graduate. This description covers essential elements, other features, advantages, disadvantages, and the differences between this concept and the "graduate tax." There follows a discussion of options for designing a contingent repayment program with options treated in four groups: those affecting the outflow of funds; those affecting the inflow of funds; the amount of public subsidy to the program; and the administrative structure of the program. The paper concludes that a simulation model is necessary in order to calculate the effects of alternative sets of parameters. An appendix outlines simulation model and data requirements. The document's second part presents the simulation model designed for use on a personal computer. It explains the structure of the model, policy options, policy default values and enrollment data, income data and how to run the programs. Appendixes contain tables and default values and options. Fifty four references are included with the first paper. (JB)
Descriptors: College Students, Computer Simulation, Computer Software, Financial Policy, Higher Education, Income Contingent Loans, Loan Repayment, Models, Policy Formation, Student Financial Aid, Student Loan Programs
Council of Ontario Universities, 444 Yonge Street, Suite 203, Toronto, Ontario M5B 2T4, Canada. Copies of the computer program, on diskette, are also available.
Publication Type: Reports - Evaluative
Education Level: N/A
Authoring Institution: Council of Ontario Universities, Toronto.