English
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About The Book
Description
Author(s)
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.
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Details
ISBN 13
9780521039529
Publication Date
-16-08-2007
Pages
-252
Weight
-346 grams
Dimensions
-152x229x14.51 mm
