Crawford School of Public Policy, Australia
IZA World of Labor role
Professor of Economics, Crawford School of Public Policy, Australia
Government as risk manager, applied econometrics, student loans analysis
Positions/functions as a policy advisor
Consultant to the World Bank on student loans policy, various times; Consultant to the Australian Government on student loans design, 2014/15.
Professor of Economics, Department of Economics, Research School of Social Sciences, Australian National University, 1996–2006
PhD Economics, Yale University, 1982
"An analysis of Stafford loan repayment burdens." Economics of Education Review 45:C (2015): 89–102 (with K. Lounkaew).
"Student loan reforms for German higher education: Financing tuition fees." Education Economics 22:6 (2014): 569–588 (with M. Sinning).
"The costs of unpaid higher education contribution scheme debts of graduates working abroad." Australian Economic Review 46:3 (2013): 286–299 (with T. Higgins).
Income Contingent Loans: Theory, Practice and Prospects. New York: Palgrave McMillan, 2014 (edited with T. Higgins and J. E. Stiglitz).
Internationally, there has been a student financing revolution towards income contingent loansBruce Chapman, February 2016Around nine countries currently use a national income contingent loan (ICL) scheme for higher education tuition using the income tax system. Increased international interest in ICL validates an examination of its costs and benefits relative to the traditional financing system, government-guaranteed bank loans (GGBLs). Bank-type loans exhibit poor economic characteristics: namely, repayment hardships for the disadvantaged, and default. This damages credit reputations and can be associated with high taxpayer subsidies. ICLs avoid these problems, but effective collection of debt requires a sophisticated mechanism.MoreLess