Investing in Human Capital - A Capital Markets Approach to Student Funding (Hardcover, New)

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 during the 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.

General

Imprint:	Cambridge UniversityPress
Country of origin:	United Kingdom
Release date:	March 2004
First published:	2004
Authors:	Miguel Palacios Lleras
Foreword by:	Nicholas Barr
Dimensions:	229 x 152 x 16mm (L x W x T)
Format:	Hardcover
Pages:	250
Edition:	New
ISBN-13:	978-0-521-82840-6
Categories:	Books > Social sciences > Education > Organization & management of education > Funding of education Books > Social sciences > Education > Higher & further education > General Books > Business & Economics > Finance & accounting > Finance > Public finance > General Books > Money & Finance > Public finance > General
LSN:	0-521-82840-6
Barcode:	9780521828406

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