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Investing for "impact" or investing for profit?: Social impact bonds, pay for success, and the next wave of privatization of social services and education

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Description:
This is an overview of the current use of privately-funded "pay for success"-type funding mechanisms for funding social services, including early care and educaton. It discusses the technical, technological, data, and ethics issues encountered in the use of this type of funding mechanism. It includes descriptions of several initiatives including the Utah High Quality Preschool Program and the Chicago Child-Parent Center Pay for Success Initiative
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