https://www.theatlantic.com/education/archive/2018/06/an-alternative-to-student-loan-debt/563093/ … lmao indentured servitude
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I’m skeptical of this, although willing to change my mind. Most income share agreements that I know of through colleges have been done on a ad hoc basis (like Perdue’s). I couldn’t find any USC corresponding to regulations on bootcamp ISA’s, could you point me to an example?
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Perdue works with Vemo which seems to have about as many lawyers as any other type of role. Compliance is the hardest part, because there’s no “ISA Law” but there are dozens of others. All contracts are regulated by contract law, ISAs included.
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There aren’t specific provisions regarding deferment or forbearance though, correct? Contract law is regulated, but using that as a jump to say “ISAs are regulated” feels far too close to ITT’s policies for comfort.
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That’s a part of the ISA, and everyone uses the same template
End of conversation
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Students go to bootcamps to get a job. An income share agreement says that if you don’t get a job the school doesn’t get paid and you don’t pay tuition. A university may be more than just “I want to get a job,” but there’s clear data that’s what most students go for
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