4 ms·

Is the 15% adjusted based on salary? Because right now you it looks like you would take a $6,000 pay cut to go from $39,999 salary to $40k salary

• asd33313131 8y ago
  15% is from gross income. There's an indifference point, you're right, but most people don't optimize like that we found at Leif with a lot of other schools.
  • JoeSmithson 8y ago
    Still, why make this perverse incentive at all? It would be easy to structure it more like taxes...? P.S. I think this is a great project and I am very interested to see how this goes.
    • asd33313131 8y ago
      I think in the future it will be more like marginal tax rates. Right now it comes down to how we finance the program. The market for income share agreements has been, so far, flat percentages. As it develops, this will change as the various funds/institutions get more comfortable with the general product.