Nearly every school in the US is for profit?
Yeah endowment isn’t the right word. Just mean fund you donate to and you don’t get paid back out of.
-
-
Why is this superior to debt funding? The main cost driver is lack of a guarantor, but you already have skin in the game with these students. Is co-signing a much bigger risk than you are already taking?
-
That’s why I asked 1 or 2. Some are more interested in returns, others in sustainability of the fund and lower rates for students
-
I don't think the two are mutually exclusive. What makes it unsustainable is if your business model fails. Then the fund is moot.
-
If it is me running this line, it is just a P&L built around bringing in financial partners. Your students need more than housing, they need a whole middle class financial life.
-
They get a middle class financial life when hired. We just need them to survive to make it through school.
-
Granted. Do you have a personal finance module or any relationships built to give your students a soft landing? It seems like floating rent for a few months is part of a bigger picture here. My students are also on the margins, happy to have a conversation.
-
Yup. We’ve been building out quite a lot along those lines
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.