| Description |
1 online resource (xxiv, 224 pages) : illustrations |
| Physical Medium |
polychrome |
| Description |
text file |
| Bibliography |
Includes bibliographical references (pages 213-217) and index. |
| Summary |
"Most higher-education finance literature assumes that students cannot pledge their future earnings to finance their education in a free society. Investing in Human Capital challenges that assumption and explores human capital contracts as an alternative mechanism for financing higher education. Investing in Human Capital tracks the roots of the idea behind human capital contracts, discusses the beneficial consequences they would have on students and on higher-education markets, and describes how they can develop in light of the innovations that have taken place in financial markets during the last decades. The book also explores the challenges - ethical and financial - that such instruments face and offers implementation alternatives that can bring about their existence in the context of a national higher-education financing program."--Jacket. |
| Contents |
pt. I. Problem of financing education -- 1. Value of education -- 2. Market failure in the financing of education -- 3. Need for alternatives to traditional funding -- pt. II. Equity-like investments to finance education -- 4. Evolution of human capital contracts -- 5. How human capital contracts work -- 6. Case for human capital contracts. |
| Local Note |
eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America |
| Subject |
Student loans.
|
|
Student loans. |
|
Education, Higher -- Finance.
|
|
Education, Higher -- Finance. |
|
Human capital.
|
|
Human capital. |
| Genre/Form |
Electronic books.
|
| Other Form: |
Print version: Lleras, Miguel Palacios. Investing in human capital. Cambridge, UK ; New York : Cambridge University Press, 2004 0521828406 (DLC) 2003053195 (OCoLC)52271720 |
| ISBN |
9781107321687 (electronic book) |
|
1107321689 (electronic book) |
|
9780511585982 (ebook) |
|
0511585985 (ebook) |
|
9781107316294 |
|
1107316294 |
|
0521828406 |
|
9780521828406 |
|
