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portada Investing in Human Capital: A Capital Markets Approach to Student Funding
Type
Physical Book
Year
2004
Language
English
Pages
250
Format
Hardcover
ISBN
0521828406
ISBN13
9780521828406

Investing in Human Capital: A Capital Markets Approach to Student Funding

Lleras; Barr (Author) · Cambridge University Press · Hardcover

Investing in Human Capital: A Capital Markets Approach to Student Funding - Lleras; Barr

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Synopsis "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 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.

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