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If they go bankrupt I wonder if they'll sell off the Income Share Agreements or if they expire or something.
by sct202 7y ago
If they go bankrupt I wonder if they'll sell off the Income Share Agreements or if they expire or something.
- troydavis 7y agoThey’re already bundled and sold on the Edly ISA Marketplace: https://lambdaschool.com/the-commons/announcing-our-new-isa-financing-blueprint-and-100m-in-new-financing https://lambdaschool.com/the-commons/announcing-our-new-isa-..., https://edly.info/investors/ https://edly.info/investors/
- jhwang5 7y agoNot to be cynical here but such a marketplace allows buying/selling human capital... i.e. slave market.
- troydavis 7y agoThe ISA buyer doesn’t have any control of or influence over whether or how much someone works (nor how much they earn). If the ISA seller wants to spend their whole life relaxing on a beach, they can. So, although you may not like ISAs, comparing it to slavery trivializes actual slavery. Also, it seems like you’re being cynical without realizing it.
- perl4ever 7y agoI have no first hand knowledge of Lambda and maybe they're the worst thing ever, but whenever I see a comment dripping with venom that doesn't even make any sense to me, I think what on earth do these people think of conventional rip-off for-profit schools that you pay up front?
- deleted 7y ago[deleted]