Description
On this episode Erik is joined by Chuck Trafton (@chucktrafton), of FlowPoint and edly, and Will Nelligan (@williamnelligan), of the Education Finance Institute.
They talk about:
- Why there needs to be a marketplace for ISAs.
- How ISAs ensure that schools have “skin in the game.”
- The problems with student loans.
- The mechanics of ISA repayment and the ways in which they are progressive.
- Why ISAs provide a unique opportunity for investors.
- How ISAs can fix some of the perverse incentives that schools have.
- Legislation that will enable ISAs to be more widespread.
- Why it makes financial sense for schools to spend so much money on “customer acquisition” and how ISAs can create a new funding model for higher ed institutions.
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Venture Stories is brought to you by Village Global, is hosted by co-founder and partner, Erik Torenberg and is produced by Brett Bolkowy.
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