This is a great thing. Get skin in the game or get out.https://twitter.com/vermillionriver/status/1016782852388728832 …
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Question: can income shares be set up as private vehicles for financial aid? i.e could my class of 2012 class contribute to a pool that paid out loans that were then paid back via income share for some reasonable return?
Got tips for further reading along those lines?
closest is probably https://purdue.edu/backaboiler/
Don't underestimate the systemic sticky problems, like convincing millions that loans are OK and normal. Or "pedigree" / "Since 1940". Rooting for y'all. They'll feel a lot of pressure in 5 years no doubt, but death is going to be a drawn out battle.
Every accredited school has access to student loans. I'm not betting the university of phoenix is dead in 5 years. Unfortunately.
There is going to be a huge shift for sure. But don't you think its going to take longer since the size is huge and it takes time for this industry to change. And for student behaviour to change that drastically as well over a base that big.
Nope. Most schools live quarter to quarter
How about all these for profit schools? https://en.m.wikipedia.org/wiki/List_of_for-profit_universities_and_colleges …
Most of them count as "sucking on the teet of federally backed student loans"
Agreed. But can’t discount schools that have been in existence for decades.
Bring them down! Bring them ALL down.
All the shadeeeee! 

*teat. Props on leading the change Austen
If I were religious I'd say this was God's work,
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