Each semester is 25k in tuition. So 75k for the year. Since this is a 2nd Bachelors (undergrad) degree, students can only get from feds $12,500-$23,000 depending on the semester start (it’s a fed gov rule thing)
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Replying to @tylerpruett @AustenAllred
Students have to have other financing to make this work. Private loans, 401k borrowing (shudder), savings, family. It’s hard to find the money for them if the student is not able to get funds from the private market.
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Replying to @tylerpruett @AustenAllred
We have excellent job placement 90%. Excellent student scores on nursing licensure exams like middle to high 90%. We have a commitment to underserved students. Low discount rate on tuition.
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Replying to @tylerpruett @AustenAllred
So it seemed a natural fit for income share agreements. I’ve been exploring this with multiple lenders and the numbers don’t work right now for us. I used the calculator at LEIF.
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Replying to @tylerpruett @AustenAllred
Nursing in N cal is high demand and starting salaries are typically greater than 75k. How would you go about designing an isa for something like that? Sorry this was so long
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Replying to @AustenAllred1 reply 0 retweets 0 likes
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Replying to @tylerpruett @SamuelMerrittU
I want to buy a school like that lol
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For how much?
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Replying to @AustenAllred @SamuelMerrittU
Not sure. It was before my time but now I’m curious and will ask around
0 replies 0 retweets 1 likeThanks. Twitter will use this to make your timeline better. UndoUndo
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