Miguel Palacios, Miguel Palacios Lleras

Investing in Human Capital

A Capital Markets Approach to Student Funding

• Gebundenes Buch

Produktbeschreibung

'Human capital contracts' transfer financial risk of higher education from students to investors.

Produktdetails

• Verlag: Cambridge University Press
• Seitenzahl: 250
• Erscheinungstermin: 7. Februar 2013
• Englisch
• Abmessung: 235mm x 157mm x 18mm
• Gewicht: 520g
• ISBN-13: 9780521828406
• ISBN-10: 0521828406
• Artikelnr.: 21180804

Autorenporträt

Miguel Palacios Lleras is a Fellow at the Batten Institute, Darden School of Business Administration at the University of Virginia. He is the author of numerous papers on financing human capital and is co-founder of Lumni, a company that manages human capital funds.

Inhaltsangabe

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.