University College London, UK, and IZA, Germany
IZA World of Labor role
Professor of Economics and Social Statistics in the Social Research Institute at University College London, UK
Economics of education; labor economics; using data and advanced quantitative techniques to understand, evaluate, and inform economic and public policy making
Positions/functions as a policy advisor
Adviser on higher education funding issues to governments of Australia, UK, Chile, Malaysia, Colombia, Brazil, and Japan
Research Fellow, Institute for Fiscal Studies (1995–2021)
PhD in Economics, University College London, 1995
"Evaluating and designing student loan systems: An overview of empirical approaches." Economics of Education Review (2019).
Family Background and University Success: Differences in Higher Education and Access and Outcomes in England. Oxford: Oxford University Press, 2016 (with C. Crawford, J. Mickelwright, and A. Vignoles).
“Conditional cash transfers and school dropout rates.” Journal of Human Resources 44:4 (2009): 827–857 (with C. Emmerson, C. Frayne, and C. Meghir).
“Higher education funding policy.” Economic Journal 118:526 (2008): F100–F125 (with E. Fitzsimons, A. Goodman, and G. Kaplan).
“The effect of school quality on educational attainment and wages.” Review of Economics and Statistics 84:1 (2002): 1–20 (with C. Meghir and J. Ferri).
Income-contingent loans in higher education financing Updated
Internationally, there has been a student financing revolution toward income-contingent loansBruce ChapmanLorraine Dearden, October 2022Around ten countries currently use a variant of a national income-contingent loans (ICL) scheme for higher education tuition. Increased international interest in ICL validates an examination of its costs and benefits relative to the traditional financing system, time-based repayment loans (TBRLs). TBRLs exhibit poor economic characteristics for borrowers: namely high repayment burdens (loan repayments as a proportion of income) for the disadvantaged and default. The latter both damages credit reputations and can be associated with high taxpayer subsidies through continuing unpaid debts. ICLs avoid these problems as repayment burdens are capped by design, eliminating default.MoreLess