Investing in Human Capital (English, Miguel Palacios | Miguel Palacios Lleras | Nicholas Barr)
by Miguel Palacios | Miguel Palacios Lleras | Nicholas Barr
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About the Book
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'…
ISBN: 9780521828406
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