Many recognize student loans as a systematic mis-alignment of the interests of schools, borrowers, and capital providers.
This old model is broken.
ISAs are a fast-growing alternative to private student loans and are investable by accredited investors on the edly ISA marketplace.
ISAs are new products that make college, grad school and skills academies more affordable for students.
Students agree to pay a fixed percentage of their income for a fixed-length period after leaving school. There are maximum payment amounts applicable to each ISA.
Repayment rates are determined by academic major and school.
No money is borrowed and there is no interest rate or balance.
edly contracts with universities and other ”upskilling” education providers.
Top educational institutions that provide high-quality, affordable training with positive employment outcomes for graduates.