Investing in Human Capital: A Capital Markets Approach to Student Funding
Submitted by Editor on February 8, 2010 – 11:55 amNo Comment
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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.
Investing in Human Capital: A Capital Markets Approach to Student Funding
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ISBN13: 9780316010665
Condition: NEW
Notes: Brand New from Publisher. No Remainder Mark.
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