still doesn't put school and student in the same economic boat regarding success
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Replying to @LDrogen @elementko1 and
How does that not put school and students in the same boat? Also I can promise you this: it’s not a cash problem in today’s market
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Replying to @AustenAllred @elementko1 and
I'm in no way demeaning what you're doing Austen, I think it's awesome, a huge step in the right direction. I'd just like to see this taken to the eventual end state where there's full long term shared economic incentive.
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Replying to @LDrogen @elementko1 and
I’d do that yesterday if it weren’t for the “indentured servitude” moral hazard
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Replying to @AustenAllred @elementko1 and
meh, i get it, but that excuse has always seem like, well, an excuse, something that smart well meaning people will put fences around and not step over. Some bad people will, which is why a self policing org should be created quickly.
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Replying to @LDrogen @elementko1 and
I feel the same way, but I’d also bet my house on the fact that regulation would come down on that in a matter of months. ISAs are controversial enough from a regulatory standpoint
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Replying to @AustenAllred @elementko1 and
i wonder if optically people would find it more palatable if it was done on a lending type platform instead of by one company's balance sheet. Or...you could securitize it so that no one entity owns the "debt".
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But shhhh no one knows that
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