ABSTRACT
Chapter 13 summarises the similarities and differences in the motivation for income contingent loan (ICL) policy applications so far considered. It is argued that in some cases an essential benefit of an ICL involves the replacement of public sector grants schemes which are regressive with a fairer system of assistance, such as ICLs for higher education financing and the reform of drought assistance. In other examples, improvements in the administrative efficiency of policy is a critical part of the case for change, such as with respect to the collection of fines associated with criminal activity. In all cases there is an emphasis on the benefits of an ICL approach: insurance against both default and repayment hardship.
