Investing in Human Capital: A Capital Markets Approach to Student Fundingby Miguel Palacios Lleras, Nicholas Barr
This 2004 book examines how 'human capital contracts' transfer financial risk of higher education from students to investors.See more details below
This 2004 book examines how 'human capital contracts' transfer financial risk of higher education from students to investors.
- Cambridge University Press
- Publication date:
- Edition description:
- New Edition
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- Product dimensions:
- 5.98(w) x 8.98(h) x 0.59(d)
Table of Contents
List of figures; List of tables; Foreword; Acknowledgements; Introduction; Part I. The Problem of Financing Education: 1. The value of education; 2. Market failure in the financing of education; 3. The need for alternatives to traditional funding; Part II. Equity-Like Investments to Finance Education: 4. The evolution of human capital contracts; 5. How human capital contracts work; 6. The case for human capital contracts; 7. Human capital options; Part III. Implementing Human Capital Contracts: 8. Hurdles in the implementation of human capital contracts; 9. Lessons from the implementation of income-contingent loans; 10. Government-driven implementation of human capital contracts; 11. Conclusion; Appendices; Notes; References; Index.
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