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Innovative financing for educational equity: evaluating the pay-for-success model in U.S. Pre-K access
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Orientador(es)
Resumo(s)
This work examines the Pay-for-Success (PFS) model in the context of the Chicago Public
Schools Pre-K initiative, focusing on its impact on stakeholders and its effectiveness in
increasing access to early childhood education. Grounded in institutional and stakeholder
theories, the study explores how PFS models align private investment with public sector
goals, creating an accountability framework that ties financial returns to measurable social
outcomes. By bridging the theoretical foundations with practical applications, this research
contributes to the broader discussion on the role of innovative financial mechanisms in
addressing systemic inequities in social services.
Descrição
Palavras-chave
Pay-For-Success (PFS) Social Impact Bonds (SIBs) Impact investing Public-private partnerships