Credit Constraints in Higher Education Attendance: Longitudinal Evidence from Ethiopia
| dc.contributor.author | Eigbiremolen, Godstime O. | |
| dc.contributor.author | Orji, Anthony | |
| dc.date.accessioned | 2024-08-22T06:52:29Z | |
| dc.date.available | 2024-08-22T06:52:29Z | |
| dc.date.issued | 2024-08-22 | |
| dc.description.abstract | This paper examines the household wealth–higher education attendance relationship and the evidence on credit constraints in post-secondary schooling. Using unique longitudinal data that link household wealth and measures of cognitive ability age 12 years to higher education attendance at age 19–22 years, we differentiated short-term credit constraints from long-term credit constraints and directly tested the relative importance of short and long-term credit constraints in schooling decision. We found that both short-term and long-term credit constraints determine the household wealth–higher education attendance relationship. Therefore, we recommend complementing short-term policies like financial aid with long-term interventions that empower households to continue to invest in human capital development over the child’s life cycle, which will crystalize in higher cognitive ability and readiness for higher education. | |
| dc.identifier.uri | https://publication.aercafricalibrary.org/handle/123456789/3882 | |
| dc.language.iso | en_US | |
| dc.publisher | African Economic Research Consortium | |
| dc.title | Credit Constraints in Higher Education Attendance: Longitudinal Evidence from Ethiopia | |
| dc.type | Article |