Types of deferred tuition and attempts to establish them in the Czech Republic

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JEL classification

• Higher Education; Research Institutions
• Education and Inequality
• Economic Development: General

Keywords

Credit constraint, Czech Republic, deferred tuition fee, graduate tax, human capital contract

Abstract

The budgets of Czech public universities depend heavily on public finance. Universities face an impossible trini-ty: all three goals that a country usually wants in university education – greater quantity, higher quality and moderate public spending – cannot be achieved simultaneously. The aim of the article is to discuss possible ways of increasing the share of student payments without reducing the number of students and preventing students from low-income groups from studying. Human capital contracts, graduated tax and income-contingent loans are introduced with examples of the systems used in Australia and England. The article also contains a list of the reasons why the Czech attempts to establish deferred tuition have failed and the problems that must be solved before another attempt is made.