Hacker News new | ask | show | jobs
by mattbrewsbytes 2891 days ago
We have to take a lien on loans for cars that in some cases are much less money than school loans.

Maybe make schools take some brunt of the loans. If they feel so strongly that their degree is worth it, its like they should back you as an investment.

1 comments

Several schools are investing in their students, using the Income Share Agreement (ISA) format. Students do not pay any upfront tuition, the school takes care of it. Then, students only pay when they find a job with a % of their income. Alternative education[1] but also more traditional college are offering this[2][3].

[1] https://www.inc.com/salvador-rodriguez/long-term-coding-scho... [2] http://time.com/money/4568213/income-share-agreements-colleg... [3] https://www.economist.com/finance-and-economics/2018/07/21/i...