Abstract

Abstract Market, state, and the family of students are important sources of student funding. An empirical analysis for 25 countries in the European Higher Education Area reveals that in 80 % of countries, there is a pattern according to which students who depend on self-financing through the market reach the highest level of total monthly income. Their fellow students, who financially depend on their families, have a median income level and students who are mainly funded by the state have the lowest revenue. The significant differences in revenue between the three groups of students also involve financial problems of varying degrees.

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