➡ From Child Welfare Information Gateway NJ:
US: Paying for success in education: Comparing opportunities in the United States and globally
Brookings Institution – June 24, 2016
“This is about governments using data for performance rather than compliance” was a resounding message coming out of the U.S. Department of Education’s conference on June 10 on the use of Pay for Success contracts in education. These contracts, known globally as social impact bonds, continue to be at the forefront of global conversations about results-based financing mechanisms, and have garnered significant momentum this week with passage of the Social Impact Partnerships for Pay for Results Act in the U.S. While limitations certainly exist, their potential to revolutionize the way we fund social projects is tremendous.
http://www.brookings.edu/blogs/education-plus-development/posts/2016/06/24-paying-for-success-in-education?rssid=universal+education