Ah, fascinating, I'm now super curious as to how they get around this. My guess is the 501c3 in theory at least is not school specific, combined with lax enforcement but I'm. Way out of my depth
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I don't think the two are mutually exclusive. What makes it unsustainable is if your business model fails. Then the fund is moot.
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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.
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They get a middle class financial life when hired. We just need them to survive to make it through school.
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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.
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Yup. We’ve been building out quite a lot along those lines
End of conversation
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