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.
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.