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by ken
6626 days ago
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That sounds a bit different. There's no real risk. The exchange is voluntary, after-the-fact, and if you make $10B the school doesn't (necessarily) get a percentage. That's basically a loan: you get school paid for now, and you pay it back over the next several years. One or two fraternities, I'd heard, actually have you sign over some small percentage of your salary (1-2%?) for life. That's equity. |
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