Investing in human capital: a capital markets approach to student funding

This study recommends employing "human capital contracts" wherein students agree to pay a percentage of their income over time in exchange for funds to finance their education. The main difference between "human capital contracts"and loans is the variable value of the payments st...

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Bibliographische Detailangaben
1. Verfasser: Palacios, Miguel (VerfasserIn)
Format: Buch
Sprache:English
Veröffentlicht: Cambridge Cambridge University Press 2007
Ausgabe:Digitaly printed version, first published 2004
Schlagworte:
Zusammenfassung:This study recommends employing "human capital contracts" wherein students agree to pay a percentage of their income over time in exchange for funds to finance their education. The main difference between "human capital contracts"and loans is the variable value of the payments students make duringthe repayment period. Their financial consequences, of risk transfer from students to investors and increased information regarding future graduates' earnings, make the contracts an attractive alternative in funding higher education.
Beschreibung:Includes bibliographical references and index.
Beschreibung:XXIV, 224 Seiten graph. Darst.
ISBN:9780521039529
9780521828406

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