{"id":9030,"date":"2013-06-14T12:00:33","date_gmt":"2013-06-14T16:00:33","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=9030"},"modified":"2013-06-14T09:58:32","modified_gmt":"2013-06-14T13:58:32","slug":"investing-in-human-capital","status":"publish","type":"post","link":"http:\/\/www.Centives.net\/S\/2013\/investing-in-human-capital\/","title":{"rendered":"Investing In Human Capital"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2013\/06\/061413_1355_InvestingIn1.png\" width=\"640\" height=\"349\" \/><\/p>\n<p>The Economist reported on a new way that students can help manage the costs of college:<\/p>\n<ul>\n<li>Companies such as Upstart and Pave allow individuals to sell a stake in their own earnings.<\/li>\n<li>In exchange for an initial sum of money, students agree to pay a portion of their pretax earnings for a specified period of years.<\/li>\n<li>There is normally a cap of around 10% on the proportion of their incomes that students can promise to give up.<\/li>\n<li>One service also caps the payback amount so that if the next founder of Facebook uses the service, they don&#8217;t hand over exorbitant sums of money.<\/li>\n<li>The idea is an attractive value proposition for students, since, unlike with a student loan, if their income falls, then the amount they have to pay back also falls.<\/li>\n<li>Investors also have an incentive to contribute to a student&#8217;s success \u2013 one user of the service reports receiving free study materials from a backer who is hoping to ensure their investment provides maximum returns.<\/li>\n<\/ul>\n<p>Read more about how it works, what the founders of the services have to say, and how it relates to poker over <a href=\"http:\/\/www.economist.com\/news\/finance-and-economics\/21579490-helping-youngsters-sell-stakes-their-future-start-me-up\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/www.economist.com\/news\/finance-and-economics\/21579490-helping-youngsters-sell-stakes-their-future-start-me-up\">The Economist<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Economist reported on a new way that students can help manage the costs of college: Companies such as Upstart and Pave allow individuals to sell a stake in their own earnings. In exchange for an initial sum of money, students agree to pay a portion of their pretax earnings for a specified period of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9029,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9030","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2013\/06\/061413_1355_InvestingIn1.png","_links":{"self":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/9030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=9030"}],"version-history":[{"count":3,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/9030\/revisions"}],"predecessor-version":[{"id":9033,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/9030\/revisions\/9033"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/9029"}],"wp:attachment":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=9030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=9030"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=9030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}