Barr, Nicholas 
ORCID: 0000-0002-5325-2055
(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
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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 |
| Divisions: | Economics European Institute |
| Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HG Finance L Education > L Education (General) |
| JEL classification: | I - Health, Education, and Welfare > I2 - Education > I22 - Educational Finance I - Health, Education, and Welfare > I2 - Education > I28 - Government Policy |
| Date Deposited: | 15 Nov 2011 12:44 |
| Last Modified: | 01 Apr 2024 08:03 |
| URI: | http://eprints.lse.ac.uk/id/eprint/39586 |
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