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dc.contributor.authorSon-Turan, Semen
dc.date.accessioned2019-02-19T21:26:21Z
dc.date.available2019-02-19T21:26:21Z
dc.date.issued2016-04-27
dc.identifier.citationSon-Turan, S. (April 27, 2016). Reforming Higher Education Finance in Turkey: The Alumni - Crowdfunded Student Debt Fund “A-CSDF” Model. Ted Eği̇ti̇m Ve Bi̇li̇m, 41, 184-289.en_US
dc.identifier.issn1300-1337
dc.identifier.urihttp://dx.doi.org/10.15390/EB.2016.6137
dc.identifier.urihttp://hdl.handle.net/20.500.11779/388
dc.description.abstractThis study presents an innovative and sustainable system formobilizing Turkish university alumni to contribute to acrowdfunded pool repackaged as a student debt instrument withan elaborate performance tracking tool, various payoff structuresand income-contingent repayment schedules. The ultimate aim isto offer a remedy for the conspicuous global shortage ofalternative finance sources and various forms of aid to highereducation students in the short-term, and, through enablingequitable and egalitarian access to quality higher education,transforming society and enhancing economic development in thelonger-term. The model rests upon a six-dimensional frameworkand its infrastructure is facilitated by a newly emerged form ofdigitally enhanced financing, “crowdfunding”. The researchmethod involves content analysis and data triangulation forvalidation purposes to determine the sub-themes surrounding thehigher education problem in Turkey. The theme-driven keywordsare searched for on Turkey’s first original social network, EksiSozluk, to uncover trends and biases towards student loans, debtrepayment and associated concepts. Subsequently, the samekeywords are utilized in a Google Trends search volume analysis,and are finally validated by a focus group discussion. Thetheoretical framework to explain students’ attitudes towardsborrowing and loan repayment and the motivation behind alumniand charitable giving, rests mainly on behavioral economics. TheA-CDSF Model uniquely addresses the higher education financeproblem in Turkey and offers an easily implementable originalsolution for institutions and policy makers.en_US
dc.language.isoengen_US
dc.publisherTEDMEMen_US
dc.relation.isversionof10.15390 /EB.2016.6137en_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectHigher education financingen_US
dc.subjectStudent debten_US
dc.subjectIncome-contigent debten_US
dc.subjectCrowdfundingen_US
dc.subjectAlumni givingen_US
dc.titleReforming higher education finance in Turkey: the alumni-crowdfunded student debt fund "A-CSDF" modelen_US
dc.typearticleen_US
dc.relation.journalEducation and Scienceen_US
dc.contributor.departmentMEF Üniversitesi, İİSBF, İşletme Bölümüen_US
dc.identifier.volume41en_US
dc.identifier.issue184en_US
dc.identifier.startpage267en_US
dc.identifier.endpage289en_US
dc.relation.publicationcategoryUluslararası Yayınen_US


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