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by lsc 5059 days ago
yeah, that's also how I read it; but I just see that as 'paying MORE' than you would on a regular loan.

Of course... depending on how they do the percentage, it could be, you know, a good problem to have; I mean, if you end up paying a percentage of a very large income, presumably those dollars have a lower marginal value to you than when you were just getting started. And wealthy contacts, especially wealthy contacts that have an interest in seeing you do well are an incredibly valuable thing to have.

And it really couldn't be too crushing on the low end, as it's not like student loans, these would be subject to bankruptcy.

I mean, it seems like a reasonable idea; at least, more reasonable than most student loans.