This would go along with several other benefits, such as greater availability of funds for HEIs from private sources and encouraging students to make better informed decisions regarding what to study. The low share of private resources allocated to higher education in Slovenia and relatively high private returns suggest that there is room for introducing cost-sharing in funding higher education without undermining access and equity (Figure 11). Increasing the share of private expenditure on tertiary education would clearly reduce the duration of studies beyond what is necessary (Brunello and Winter-Ebmer, 2003). For instance, a repeat student can take the exam up to six times to stay in the study programme at the University of Ljubljana.