Austen Allred — Reinventing Vocational Education and Building a Vertically Integrated Software-driven School
Conscious Creators — Make A Life Through Your Art Without Selling Your Soul
00:00
What Are the Different Models of Loans Versus I S As?
The original i s a, as it was designed by milton freedman in the 19 seventies, was, hey, you know, someone's going to pay for your tuition. But that model doesn't flow really cleanly into incomes. So we kind of said, let's make it possible to have an agent for a normal human obviously the numbers are different. That's the design of an income share agreement. Let's help people make more money and then take, for some period of time, a share of the increase in that money. We decided to set a cap o maximum to where you could basically buy out of of the contract. The other thing that's important in this is
Play episode from 07:53
Transcript
