The Efficiency and Equity Implications of Using Income-Contingent Taxes or Loans to Fund Tertiary Education in South Africa.
Introduction The problems of the post-apartheid economy have stimulated the demand for equitable financial support for tertiary education in South Africa, and this led to the concept of income-contingent loans (ICLs) or taxes. These models are mainly intended to adjust the repayment capacity of the debtor to the amount of their income per period. This ... Read More
Pages: 9 Words: 2234