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Investing in Human Capital

A Capital Markets Approach to Student Funding

Specificaties
Gebonden, 250 blz. | Engels
Cambridge University Press | e druk, 2004
ISBN13: 9780521828406
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Cambridge University Press e druk, 2004 9780521828406
€ 92,87
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Samenvatting

Most higher education finance literature assumes that students cannot pledge their future earnings to finance their education in a free society. Investing in Human Capital, first published in 2004, challenges that assumption and explores human capital contracts as an alternative mechanism for financing higher education. Investing in Human Capital tracks the roots of the idea behind human capital contracts, discusses the beneficial consequences they would have on students and on higher education markets, and describes how they can develop in light of the innovations that have taken place in financial markets during the last decades. The book also explores the challenges - ethical and financial - that such instruments face and offers implementation alternatives that can bring about their existence in the context of a national higher education financing programme.

Specificaties

ISBN13:9780521828406
Taal:Engels
Bindwijze:Gebonden
Aantal pagina's:250

Inhoudsopgave

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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€ 92,87
Levertijd ongeveer 9 werkdagen
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        Investing in Human Capital