Abstract
In this article the demand for tertiary education by successful Higher School Certificate Candidates in Victoria is modelled along the lines of Handa and Skolnik (1975). This particular component of the overall demand is studied because of the particularly plentiful and accurate information available. The estimated effect of youth unemployment on demand raises a number of interesting hypotheses related to the traditional human capital variables of opportunity cost of education and expected future returns. These hypotheses are evaluated using the developed demand model.
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