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The Conversation ? France: Debate: Does free education guarantee the accessibility of higher education?
23 October 2019
Snippet: For example, since 1989, Australia has introduced the system of contingent repayment loans (PARCs) which allow higher education to benefit from public funding supplemented by funding provided by the beneficiaries of the training...The model has been virtuous for Australian students and for society as a whole. Since 1989, the country has experienced uninterrupted growth and a very low unemployment rate, particularly because of the positive impact of PARCs on human capital growth and innovation. The positive impact of education, and in particular higher education, on economic growth and competitiveness has been demonstrated in the article by P. Aghion, L. Boustan, C. Hoxby and J. Vandenbussche, and in that of Anna Valero and John Van Reenen.