This paper investigates the determinants behind the spectacular growth
in higher education enrollments in Belgium since 1953. The Belgian ed
ucation system offers an interesting case as enrollments are solely de
mand driven and have so far not been subject to any supply constraints
. We use a higher education demand model that integrates consumption a
nd investment aspects and empirically test the specification based on
time-series data between 1953 and 1992. We investigate whether differe
nces exist between the demand for university and non-university higher
education. Overall, income and foregone earnings seem to be driving e
nrollments, thus suggesting the importance of consumption aspects or i
mperfect access to capital. We find that income, opportunity costs and
the wage differential matter more for participation at non-university
higher education institutes than for enrolling in universities. (C) 1
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