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by nachi 2678 days ago
> In return graduates pay us 15% of their income for 2 years if they are earning over $40,000.

How do you enforce this? I.e. what stops someone from simply lying about their income?

1 comments

We use a company called Leif (my former company). They handle all of the income verification and collection. The ultimate truth is from tax returns. The vast majority of people self-report accurate incomes, however.
So students are required to share access to their tax returns?
Yep, the income share agreement has a clause where, if Leif asks, they need to share their tax information. This is only if other methods have failed, however.