Abdo, MaryannaMalhotra, RajitAssomull, AshwinBjarnason, Svava Lee2016-08-022016-08-022015https://hdl.handle.net/10986/24775Demand 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.en-USCC BY-NC-ND 3.0 IGOSTUDENT LOAN DEBTCREDIT PROGRAMEMPLOYMENTBORROWERCOLLEGEPRIVATE SECTOR LENDERSALTERNATIVE FUNDINGFINANCIAL INNOVATIONECONOMIC GROWTHPROFIT MARGINSPEOPLETEACHERSCREDIT ENHANCEMENTHIGHER LEARNINGFINANCINGCAREER DEVELOPMENTINFORMATION TECHNOLOGYPRIVATE ENTERPRISESLABOR MARKET NEEDSINTERESTCREDIT SCORETUITIONGUARANTEESENROLLMENTINTEREST RATEDEBT MANAGEMENTFINANCIAL INNOVATIONSREPAYMENTSLOAN PRODUCTSOCIAL RESPONSIBILITYMORTGAGECAREERHIGHER EDUCATIONRETURNS TO INVESTORSLOANCAPACITY BUILDINGTERTIARY EDUCATION SECTORFEEBORROWERSENROLLMENTSCOLLEGESLOAN PAYMENTSPAYMENTSSTUDENT LOAN PROGRAMSSAVINGACADEMIC PLANSHIGHER TUITIONTERTIARY EDUCATION MARKETTUITION PAYMENTSLENDERCAPITAL FINANCETEXTBOOKSEDUCATION SECTORDEGREE PROGRAMSREPAYMENT PERIODSINTERNATIONAL FINANCELABOR MARKETTERTIARY EDUCATION INSTITUTIONSHUMAN RESOURCE DEVELOPMENTSAVINGSCREDIT WORTHINESSFINANCIAL INSTITUTIONCOMMERCIAL BANKGOVERNMENT STUDENT LOANLOAN PRODUCTSCREDIT BUREAUSGRADUATEPEER LENDINGLOW INTEREST RATESFINANCESSCHOLARSHIPSINTEREST RATESFINANCING INITIATIVESPAYMENTMAINSTREAM BANKSFINANCIAL INSTITUTIONSPUBLIC TERTIARY EDUCATIONDEBTLENDERSLEARNINGGRADUATESRESEARCHFAMILY FINANCESLOANSENTERPRISESENTREPRENEURIAL VENTURESLOAN SIZESTERTIARY INSTITUTIONDONOR FUNDSDEBIT CARDSFINANCELOAN TERMSGRANTSVOUCHERSTUDENT LOANSBANKSSMALL LOANSBANK BORROWERSEDUCATION SYSTEMSSTUDENT FINANCETEIEQUITYLOAN REPAYMENTMONEY MANAGEMENTHUMAN CAPITALINTEREST PAYMENTSACADEMIC PERFORMANCEFINANCIAL AIDCREDIT-SCORINGCAPITALINSTALLMENTTUITION FEESSTUDENTACCESS TO TERTIARY EDUCATIONFAMILYACCESS TO FINANCEEDUCATIONAL REFORMDEVELOPMENT BANKSALTERNATIVE SOURCES OF FINANCINGBANKCREDITLOAN PROGRAMACCESSIBILITYEQUITY INVESTMENTSFINANCIAL INSTRUMENTHOUSEHOLDFINANCIAL EDUCATIONREPAYMENTPRIVATE EDUCATIONPRIVATE TERTIARY EDUCATION SECTORCREDIT HISTORIESEDUCATION FINANCELOAN PORTFOLIOPRIVATE TERTIARY EDUCATIONCOMMERCIAL LOANSACCESS TO LOANSEMPLOYERSSECURITIESLOAN ELIGIBILITYKEY CHALLENGESPAYROLL DEDUCTIONSMICROFINANCEBANK LOANSSTUDENT LOANLOW-INCOME STUDENTSINVESTMENTEXTREME POVERTYPRIVATE INSTITUTIONSLOAN PORTFOLIOSEDUCATION ACCESSCOLLATERALLOAN SIZECOOPERATIONSMALL LOANLOAN AMOUNTSREVENUEEARNINGSCOMMERCIAL LENDINGUNIVERSITYSTUDENTSINVESTMENTSFINANCIAL SUPPORTDEBIT CARDLOAN PROGRAMSSTUDENT LOAN PROGRAMCONSUMER EDUCATIONFEESDEGREESFAMILIESOUTREACHENROLLMENT GROWTHGLOBAL EDUCATIONONLINE SALESLOAN FACILITYCREDIT HISTORYTERTIARY EDUCATIONCREDIT-WORTHINESSGUARANTEECASH FLOWONLINE SYSTEMSBACKED SECURITIESUNIVERSITIESINCOME GROUPSMICROFINANCE INSTITUTIONWorking PaperInternational Finance Corporation10.1596/24775