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The demand for higher education in The Netherlands, 1950–1999
Authors:Erik Canton  Frank de Jong
Institution:aCPB Netherlands Bureau for Economic Policy Analysis, Van Stolkweg 14, P.O. Box 80510, 2508 GM The Hague, The Netherlands;bUniversity of Amsterdam, Roetersstraat 11, 1018 WB Amsterdam, The Netherlands, and CEPR
Abstract:This paper investigates the role of economic factors in the university enrollment decision for the post-war period in The Netherlands. We include those factors standing at the heart of the idea that education is an investment. The econometric results suggest that students are not responsive to tuition fees, but financial support (the sum of loans and grants), the college premium on future labor market earnings, and the alternative wage are important in the enrollment decision.
Keywords:Higher education  Student enrollment  Human capital approach
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