4 de diciembre de 2008

Becas e inversiones

Uno de los temas que más interesan a los estudiantes de universidades privadas y a sus padres es la manera en que pueden financiar sus estudios.

Según esta nota, Miguel Palacios, un analista financiero colombiano, diseño un mecanismo de financiamiento bastante interesante. Su idea consiste en que un estudiante acepta que un grupo de inversionistas cubra su colegiatura (para licenciatura o posgrado) a cambio de que, en un futuro y ya egresado, les pague (a los inversionistas) un porcentaje de sus ingresos por un tiempo limitado.

Aquí un párrafo:

The result is an innovative way to think about paying for higher education. The idea, sometimes called human capital contracts, is that investors agree to cover the costs of college or graduate school in return for a percentage of the students' future earnings over a fixed period of time. Since payments are scaled to wages, the odds of default - and of financial hardship for the graduate - are greatly reduced. This scheme transfers much of the risk from students to investors. But if the students earn handsomely, the investors stand to gain more than they would under a traditional loan.

Aquí otro párrafo del artículo:

The chief benefit, as proponents see it, is that human capital contracts remove the risk of overwhelming debt for students, and mitigate the social costs of trying to repay it. Today, especially as more students take out private loans with high interest rates, many graduates struggle to make their monthly payments. Some of these graduates default, causing long-term credit problems for themselves, and costing lenders money. Others shape their career choices around the need to pay back their loans - for instance, law school students who aspire to do public interest work, but feel pressured by debt into taking corporate law jobs.