Cookies?
Library Header Image
LSE Research Online LSE Library Services

Foreword: investing in human capital: a capital markets approach to student funding

Barr, Nicholas (2007) Foreword: investing in human capital: a capital markets approach to student funding. In: Lleras, Miguel Palacios, (ed.) Investing in Human Capital: a Capital Markets Approach to Student Funding. Cambridge University Press, Cambridge, UK, xvii-xx. ISBN 9780521039529

[img]
Preview
PDF
Download (559Kb) | Preview

Abstract

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.

Item Type: Book Section
Official URL: http://www.cambridge.org/
Additional Information: © 2007 The author
Library of Congress subject classification: H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
L Education > L Education (General)
Journal of Economic Literature Classification System: I - Health, Education, and Welfare > I2 - Education > I22 - Educational Finance
I - Health, Education, and Welfare > I2 - Education > I28 - Government Policy
Sets: Departments > Economics
Departments > European Institute
Collections > Economists Online
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 15 Nov 2011 12:44
URL: http://eprints.lse.ac.uk/39586/

Actions (login required)

Record administration - authorised staff only Record administration - authorised staff only

Downloads

Downloads per month over past year

View more statistics