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wait - I had no idea this was their business model how is this not different from indentured servitude?
by fnord77 7y ago
wait - I had no idea this was their business model
how is this not different from indentured servitude?
- petee 7y agoBecause if you don't get a job, you don't owe
- andrewlgood 7y agoIndentured servitude historically meant you worked for no pay for a period of years in exchange for something (e.g. passage on ship to America). This is simply a student loan indexed to your earnings. I have not seen what percentage of the earnings they take, but presumably it is less than 100%.