Student Finance : Learning from Global Best Practice and Financial Innovations
Demand is also fueled by other factors: in many emerging economies a ‘demographic dividend’ of young people, the product of significant reductions in child and infant mortality rates—is poised to enter education and work. And, according to the 2014...
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| Format: | Working Paper |
| Language: | English en_US |
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International Finance Corporation, Washington, DC
2016
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| Online Access: | http://documents.worldbank.org/curated/en/2016/06/26445578/student-finance-learning-global-best-practice-financial-innovations http://hdl.handle.net/10986/24775 |
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okr-10986-24775 |
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oai_dc |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
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English en_US |
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STUDENT LOAN DEBT CREDIT PROGRAM EMPLOYMENT BORROWER COLLEGE PRIVATE SECTOR LENDERS ALTERNATIVE FUNDING FINANCIAL INNOVATION ECONOMIC GROWTH PROFIT MARGINS PEOPLE TEACHERS CREDIT ENHANCEMENT HIGHER LEARNING FINANCING CAREER DEVELOPMENT INFORMATION TECHNOLOGY PRIVATE ENTERPRISES LABOR MARKET NEEDS INTEREST CREDIT SCORE TUITION GUARANTEES ENROLLMENT INTEREST RATE DEBT MANAGEMENT FINANCIAL INNOVATIONS REPAYMENTS LOAN PRODUCT SOCIAL RESPONSIBILITY MORTGAGE CAREER HIGHER EDUCATION RETURNS TO INVESTORS LOAN CAPACITY BUILDING TERTIARY EDUCATION SECTOR FEE BORROWERS ENROLLMENTS COLLEGES LOAN PAYMENTS PAYMENTS STUDENT LOAN PROGRAMS SAVING ACADEMIC PLANS HIGHER TUITION TERTIARY EDUCATION MARKET TUITION PAYMENTS LENDER CAPITAL FINANCE TEXTBOOKS EDUCATION SECTOR DEGREE PROGRAMS REPAYMENT PERIODS INTERNATIONAL FINANCE LABOR MARKET TERTIARY EDUCATION INSTITUTIONS HUMAN RESOURCE DEVELOPMENT SAVINGS CREDIT WORTHINESS FINANCIAL INSTITUTION COMMERCIAL BANK GOVERNMENT STUDENT LOAN LOAN PRODUCTS CREDIT BUREAUS GRADUATE PEER LENDING LOW INTEREST RATES FINANCES SCHOLARSHIPS INTEREST RATES FINANCING INITIATIVES PAYMENT MAINSTREAM BANKS FINANCIAL INSTITUTIONS PUBLIC TERTIARY EDUCATION DEBT LENDERS LEARNING GRADUATES RESEARCH FAMILY FINANCES LOANS ENTERPRISES ENTREPRENEURIAL VENTURES LOAN SIZES TERTIARY INSTITUTION DONOR FUNDS DEBIT CARDS FINANCE LOAN TERMS GRANTS VOUCHER STUDENT LOANS BANKS SMALL LOANS BANK BORROWERS EDUCATION SYSTEMS STUDENT FINANCE TEI EQUITY LOAN REPAYMENT MONEY MANAGEMENT HUMAN CAPITAL INTEREST PAYMENTS ACADEMIC PERFORMANCE FINANCIAL AID CREDIT-SCORING CAPITAL INSTALLMENT TUITION FEES STUDENT ACCESS TO TERTIARY EDUCATION FAMILY ACCESS TO FINANCE EDUCATIONAL REFORM DEVELOPMENT BANKS ALTERNATIVE SOURCES OF FINANCING BANK CREDIT LOAN PROGRAM ACCESSIBILITY EQUITY INVESTMENTS FINANCIAL INSTRUMENT HOUSEHOLD FINANCIAL EDUCATION REPAYMENT PRIVATE EDUCATION PRIVATE TERTIARY EDUCATION SECTOR CREDIT HISTORIES EDUCATION FINANCE LOAN PORTFOLIO PRIVATE TERTIARY EDUCATION COMMERCIAL LOANS ACCESS TO LOANS EMPLOYERS SECURITIES LOAN ELIGIBILITY KEY CHALLENGES PAYROLL DEDUCTIONS MICROFINANCE BANK LOANS STUDENT LOAN LOW-INCOME STUDENTS INVESTMENT EXTREME POVERTY PRIVATE INSTITUTIONS LOAN PORTFOLIOS EDUCATION ACCESS COLLATERAL LOAN SIZE COOPERATION SMALL LOAN LOAN AMOUNTS REVENUE EARNINGS COMMERCIAL LENDING UNIVERSITY STUDENTS INVESTMENTS FINANCIAL SUPPORT DEBIT CARD LOAN PROGRAMS STUDENT LOAN PROGRAM CONSUMER EDUCATION FEES DEGREES FAMILIES OUTREACH ENROLLMENT GROWTH GLOBAL EDUCATION ONLINE SALES LOAN FACILITY CREDIT HISTORY TERTIARY EDUCATION CREDIT-WORTHINESS GUARANTEE CASH FLOW ONLINE SYSTEMS BACKED SECURITIES UNIVERSITIES INCOME GROUPS MICROFINANCE INSTITUTION |
| spellingShingle |
STUDENT LOAN DEBT CREDIT PROGRAM EMPLOYMENT BORROWER COLLEGE PRIVATE SECTOR LENDERS ALTERNATIVE FUNDING FINANCIAL INNOVATION ECONOMIC GROWTH PROFIT MARGINS PEOPLE TEACHERS CREDIT ENHANCEMENT HIGHER LEARNING FINANCING CAREER DEVELOPMENT INFORMATION TECHNOLOGY PRIVATE ENTERPRISES LABOR MARKET NEEDS INTEREST CREDIT SCORE TUITION GUARANTEES ENROLLMENT INTEREST RATE DEBT MANAGEMENT FINANCIAL INNOVATIONS REPAYMENTS LOAN PRODUCT SOCIAL RESPONSIBILITY MORTGAGE CAREER HIGHER EDUCATION RETURNS TO INVESTORS LOAN CAPACITY BUILDING TERTIARY EDUCATION SECTOR FEE BORROWERS ENROLLMENTS COLLEGES LOAN PAYMENTS PAYMENTS STUDENT LOAN PROGRAMS SAVING ACADEMIC PLANS HIGHER TUITION TERTIARY EDUCATION MARKET TUITION PAYMENTS LENDER CAPITAL FINANCE TEXTBOOKS EDUCATION SECTOR DEGREE PROGRAMS REPAYMENT PERIODS INTERNATIONAL FINANCE LABOR MARKET TERTIARY EDUCATION INSTITUTIONS HUMAN RESOURCE DEVELOPMENT SAVINGS CREDIT WORTHINESS FINANCIAL INSTITUTION COMMERCIAL BANK GOVERNMENT STUDENT LOAN LOAN PRODUCTS CREDIT BUREAUS GRADUATE PEER LENDING LOW INTEREST RATES FINANCES SCHOLARSHIPS INTEREST RATES FINANCING INITIATIVES PAYMENT MAINSTREAM BANKS FINANCIAL INSTITUTIONS PUBLIC TERTIARY EDUCATION DEBT LENDERS LEARNING GRADUATES RESEARCH FAMILY FINANCES LOANS ENTERPRISES ENTREPRENEURIAL VENTURES LOAN SIZES TERTIARY INSTITUTION DONOR FUNDS DEBIT CARDS FINANCE LOAN TERMS GRANTS VOUCHER STUDENT LOANS BANKS SMALL LOANS BANK BORROWERS EDUCATION SYSTEMS STUDENT FINANCE TEI EQUITY LOAN REPAYMENT MONEY MANAGEMENT HUMAN CAPITAL INTEREST PAYMENTS ACADEMIC PERFORMANCE FINANCIAL AID CREDIT-SCORING CAPITAL INSTALLMENT TUITION FEES STUDENT ACCESS TO TERTIARY EDUCATION FAMILY ACCESS TO FINANCE EDUCATIONAL REFORM DEVELOPMENT BANKS ALTERNATIVE SOURCES OF FINANCING BANK CREDIT LOAN PROGRAM ACCESSIBILITY EQUITY INVESTMENTS FINANCIAL INSTRUMENT HOUSEHOLD FINANCIAL EDUCATION REPAYMENT PRIVATE EDUCATION PRIVATE TERTIARY EDUCATION SECTOR CREDIT HISTORIES EDUCATION FINANCE LOAN PORTFOLIO PRIVATE TERTIARY EDUCATION COMMERCIAL LOANS ACCESS TO LOANS EMPLOYERS SECURITIES LOAN ELIGIBILITY KEY CHALLENGES PAYROLL DEDUCTIONS MICROFINANCE BANK LOANS STUDENT LOAN LOW-INCOME STUDENTS INVESTMENT EXTREME POVERTY PRIVATE INSTITUTIONS LOAN PORTFOLIOS EDUCATION ACCESS COLLATERAL LOAN SIZE COOPERATION SMALL LOAN LOAN AMOUNTS REVENUE EARNINGS COMMERCIAL LENDING UNIVERSITY STUDENTS INVESTMENTS FINANCIAL SUPPORT DEBIT CARD LOAN PROGRAMS STUDENT LOAN PROGRAM CONSUMER EDUCATION FEES DEGREES FAMILIES OUTREACH ENROLLMENT GROWTH GLOBAL EDUCATION ONLINE SALES LOAN FACILITY CREDIT HISTORY TERTIARY EDUCATION CREDIT-WORTHINESS GUARANTEE CASH FLOW ONLINE SYSTEMS BACKED SECURITIES UNIVERSITIES INCOME GROUPS MICROFINANCE INSTITUTION Abdo, Maryanna Malhotra, Rajit Assomull, Ashwin Bjarnason, Svava Lee Student Finance : Learning from Global Best Practice and Financial Innovations |
| description |
Demand is also fueled by other factors:
in many emerging economies a ‘demographic dividend’ of young
people, the product of significant reductions in child and
infant mortality rates—is poised to enter education and
work. And, according to the 2014 Millennium Development
Goals report, nearly 90 percent of children in developing
regions are on track to complete primary education. The
shift from agricultural to knowledge-based economies also
plays a significant role in creating demand for higher
learning. The purpose of the study was to identify key
success factors in private sector student lending in order
to support IFC in understanding, and potentially making
investments, in student lending across a range of emerging
markets. The study examined 70 student lending models
globally as well as a range of innovative financial models.
Detailed case studies were developed for eight compelling
and diverse private sector student lending models. The study
also highlighted a range of innovative financial models
including crowd funding, big box banking, social impact
bonds, and other mechanisms. The purpose of this
investigation of innovative financial models was to see what
leading-edge methods might be at work in other sectors and
to see if they might offer inspiration to student lending. |
| format |
Working Paper |
| author |
Abdo, Maryanna Malhotra, Rajit Assomull, Ashwin Bjarnason, Svava Lee |
| author_facet |
Abdo, Maryanna Malhotra, Rajit Assomull, Ashwin Bjarnason, Svava Lee |
| author_sort |
Abdo, Maryanna |
| title |
Student Finance : Learning from Global Best Practice and Financial Innovations |
| title_short |
Student Finance : Learning from Global Best Practice and Financial Innovations |
| title_full |
Student Finance : Learning from Global Best Practice and Financial Innovations |
| title_fullStr |
Student Finance : Learning from Global Best Practice and Financial Innovations |
| title_full_unstemmed |
Student Finance : Learning from Global Best Practice and Financial Innovations |
| title_sort |
student finance : learning from global best practice and financial innovations |
| publisher |
International Finance Corporation, Washington, DC |
| publishDate |
2016 |
| url |
http://documents.worldbank.org/curated/en/2016/06/26445578/student-finance-learning-global-best-practice-financial-innovations http://hdl.handle.net/10986/24775 |
| _version_ |
1764457478927417344 |
| spelling |
okr-10986-247752021-04-23T14:04:23Z Student Finance : Learning from Global Best Practice and Financial Innovations Abdo, Maryanna Malhotra, Rajit Assomull, Ashwin Bjarnason, Svava Lee STUDENT LOAN DEBT CREDIT PROGRAM EMPLOYMENT BORROWER COLLEGE PRIVATE SECTOR LENDERS ALTERNATIVE FUNDING FINANCIAL INNOVATION ECONOMIC GROWTH PROFIT MARGINS PEOPLE TEACHERS CREDIT ENHANCEMENT HIGHER LEARNING FINANCING CAREER DEVELOPMENT INFORMATION TECHNOLOGY PRIVATE ENTERPRISES LABOR MARKET NEEDS INTEREST CREDIT SCORE TUITION GUARANTEES ENROLLMENT INTEREST RATE DEBT MANAGEMENT FINANCIAL INNOVATIONS REPAYMENTS LOAN PRODUCT SOCIAL RESPONSIBILITY MORTGAGE CAREER HIGHER EDUCATION RETURNS TO INVESTORS LOAN CAPACITY BUILDING TERTIARY EDUCATION SECTOR FEE BORROWERS ENROLLMENTS COLLEGES LOAN PAYMENTS PAYMENTS STUDENT LOAN PROGRAMS SAVING ACADEMIC PLANS HIGHER TUITION TERTIARY EDUCATION MARKET TUITION PAYMENTS LENDER CAPITAL FINANCE TEXTBOOKS EDUCATION SECTOR DEGREE PROGRAMS REPAYMENT PERIODS INTERNATIONAL FINANCE LABOR MARKET TERTIARY EDUCATION INSTITUTIONS HUMAN RESOURCE DEVELOPMENT SAVINGS CREDIT WORTHINESS FINANCIAL INSTITUTION COMMERCIAL BANK GOVERNMENT STUDENT LOAN LOAN PRODUCTS CREDIT BUREAUS GRADUATE PEER LENDING LOW INTEREST RATES FINANCES SCHOLARSHIPS INTEREST RATES FINANCING INITIATIVES PAYMENT MAINSTREAM BANKS FINANCIAL INSTITUTIONS PUBLIC TERTIARY EDUCATION DEBT LENDERS LEARNING GRADUATES RESEARCH FAMILY FINANCES LOANS ENTERPRISES ENTREPRENEURIAL VENTURES LOAN SIZES TERTIARY INSTITUTION DONOR FUNDS DEBIT CARDS FINANCE LOAN TERMS GRANTS VOUCHER STUDENT LOANS BANKS SMALL LOANS BANK BORROWERS EDUCATION SYSTEMS STUDENT FINANCE TEI EQUITY LOAN REPAYMENT MONEY MANAGEMENT HUMAN CAPITAL INTEREST PAYMENTS ACADEMIC PERFORMANCE FINANCIAL AID CREDIT-SCORING CAPITAL INSTALLMENT TUITION FEES STUDENT ACCESS TO TERTIARY EDUCATION FAMILY ACCESS TO FINANCE EDUCATIONAL REFORM DEVELOPMENT BANKS ALTERNATIVE SOURCES OF FINANCING BANK CREDIT LOAN PROGRAM ACCESSIBILITY EQUITY INVESTMENTS FINANCIAL INSTRUMENT HOUSEHOLD FINANCIAL EDUCATION REPAYMENT PRIVATE EDUCATION PRIVATE TERTIARY EDUCATION SECTOR CREDIT HISTORIES EDUCATION FINANCE LOAN PORTFOLIO PRIVATE TERTIARY EDUCATION COMMERCIAL LOANS ACCESS TO LOANS EMPLOYERS SECURITIES LOAN ELIGIBILITY KEY CHALLENGES PAYROLL DEDUCTIONS MICROFINANCE BANK LOANS STUDENT LOAN LOW-INCOME STUDENTS INVESTMENT EXTREME POVERTY PRIVATE INSTITUTIONS LOAN PORTFOLIOS EDUCATION ACCESS COLLATERAL LOAN SIZE COOPERATION SMALL LOAN LOAN AMOUNTS REVENUE EARNINGS COMMERCIAL LENDING UNIVERSITY STUDENTS INVESTMENTS FINANCIAL SUPPORT DEBIT CARD LOAN PROGRAMS STUDENT LOAN PROGRAM CONSUMER EDUCATION FEES DEGREES FAMILIES OUTREACH ENROLLMENT GROWTH GLOBAL EDUCATION ONLINE SALES LOAN FACILITY CREDIT HISTORY TERTIARY EDUCATION CREDIT-WORTHINESS GUARANTEE CASH FLOW ONLINE SYSTEMS BACKED SECURITIES UNIVERSITIES INCOME GROUPS MICROFINANCE INSTITUTION Demand is also fueled by other factors: in many emerging economies a ‘demographic dividend’ of young people, the product of significant reductions in child and infant mortality rates—is poised to enter education and work. And, according to the 2014 Millennium Development Goals report, nearly 90 percent of children in developing regions are on track to complete primary education. The shift from agricultural to knowledge-based economies also plays a significant role in creating demand for higher learning. The purpose of the study was to identify key success factors in private sector student lending in order to support IFC in understanding, and potentially making investments, in student lending across a range of emerging markets. The study examined 70 student lending models globally as well as a range of innovative financial models. Detailed case studies were developed for eight compelling and diverse private sector student lending models. The study also highlighted a range of innovative financial models including crowd funding, big box banking, social impact bonds, and other mechanisms. The purpose of this investigation of innovative financial models was to see what leading-edge methods might be at work in other sectors and to see if they might offer inspiration to student lending. 2016-08-02T21:59:36Z 2016-08-02T21:59:36Z 2015 Working Paper http://documents.worldbank.org/curated/en/2016/06/26445578/student-finance-learning-global-best-practice-financial-innovations http://hdl.handle.net/10986/24775 English en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ International Finance Corporation International Finance Corporation, Washington, DC Publications Research Publications & Research :: Working Paper |