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What I found interesting was the fact that the VCs funding the schools are selling the ISAs. There's even an online ISA marketplace: https://edly.info https://e
by TYPE_FASTER 7y ago
What I found interesting was the fact that the VCs funding the schools are selling the ISAs. There's even an online ISA marketplace: https://edly.info https://edly.info
Also, note that it's 17% of gross income, so before taxes and benefits...
- austenallred 7y agoVCs fund the schools. The schools finance the ISAs. The same way a lending startup isn't lending out its VC dollars, it gets other dollars to finance the COGS. Pretty basic finance, really, and shouldn't surprise anyone. Also doesn't change anything - if students don't get hired you go out of business.