Forum Home | Log in | Signup | My Page | Rules | FAQ | Boards | Members | Search
« POPE 5 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: Wall Street Is Now Buying College Students Like Stocks

By: ribit in POPE 5 | Recommend this post (0)
Thu, 11 Apr 19 11:14 PM | 22 view(s)
Boardmark this board | Pope 5 		Msg. 30005 of 62138
(This msg. is a reply to 30003 by capt_nemo)
Jump:
Jump to board:
Jump to msg. #

...sounds like a ripoff to me. Ya can work ya way thru college and pay as ya go. When ya graduates ya get to keep whatever ya make. If somebody else invests in you they get the profit. If you invest in your own education you get them. IMHO, the reason borrowing money to go to school is so important is that folks want to go to college now and not do anything else that interferes with party time. They have no comprehension of how much money they are giving up and how long they will be doing so.




Avatar

Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!

» You can also:
- - - - -
The above is a reply to the following message:
Wall Street Is Now Buying College Students Like Stocks
By: capt_nemo in POPE 5
Thu, 11 Apr 19 11:09 PM 		Msg. 30003 of 62138

Shortly after we wrote about an online software engineering school that was allowing students to pay their tuition by forfeiting 17% of their income after they graduated, it's becoming clearer that the model of selling an "equity stake in yourself" to fund tuition is making its way to the mainstream.

Equitizing students was the topic of an in-depth Bloomberg Businessweek look into the details of what Americans are doing to combat the $1.6 trillion in higher education debt that they owe. Specifically, the article followed the path of 23 year old Amy Wroblewski, who has been literally turning over a set percentage of her salary to investors - and will do so for the 8 1/2 years after graduating college.


http://www.zerohedge.com/news/2019-04-11/wall-street-now-buying-college-students-stocks?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

« POPE 5 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next