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The universities aren't on the hook for student loan defaults so they don't care about the expected return for the borrower or the lender. If students borrowed
by Mountain_Skies 8y ago
The universities aren't on the hook for student loan defaults so they don't care about the expected return for the borrower or the lender. If students borrowed from the schools directly, then the admissions process along with university spending patterns would be vastly different. The only thing we have that is remotely close to this is schools giving out scholarships to students who have great potential to be high earners who later donate back to the school.
- l9k 8y agoA startup called Lambda started teaching (online) for free in exchange for a percentage of the new graduate's salary. This is called Income Sharing Agreements (ISA). https://www.nytimes.com/2019/01/08/business/dealbook/education-student-loans-lambda-schools.html https://www.nytimes.com/2019/01/08/business/dealbook/educati...