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A comment on Up to 14% of community college students are homeless, new study says. Parent comment

Re:Up to 14% of community college students are homeless, new... by austenallred on Monday July 10, 2017 @01:31PM (#14737986)
There's an income share agreement and you submit forms to the IRS that lets us see your taxes. So it's a legal agreement.

You pay a fixed percentage of salary if you're above a certain threshold (currently $50,000/yr). If you don't get a job in your field above that threshold you never pay us anything.

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Re:Up to 14% of community college students are homeless, new... by Larrikin on Monday July 10, 2017 @05:44PM (#14739961)
Fixed percentage until when?

Fixed percentage forever? Fixed percentage of only the first job? Fixed percentage until a certain amount has been paid?

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Re:Up to 14% of community college students are homeless, new... by austenallred on Monday July 10, 2017 @06:06PM (#14740101)
A fixed percentage for a fixed number of years (right now 2 years), unless you meet a dollar cap (right now $30k). Any recruiting fees we get are deducted from what you owe, so they pay for your tuition. And if you make less than $50k/yr you don't pay anything.
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Re:Up to 14% of community college students are homeless, new... by pattisapu on Monday July 10, 2017 @02:18PM (#14738372)
This is great. I wish vocational / professional schools in other fields did this!
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Re:Up to 14% of community college students are homeless, new... by larrywright on Monday July 10, 2017 @03:49PM (#14739047)
I believe that at least in the US, lots of hospitals will underwrite your nursing degree in full or in part, as long as you agree to work there for some period of time. Different than this, but along the same lines.
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Re:Up to 14% of community college students are homeless, new... by austenallred on Monday July 10, 2017 @02:19PM (#14738382)
We'll just expand :)
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Re:Up to 14% of community college students are homeless, new... by nsgi on Monday July 10, 2017 @04:58PM (#14739602)
That's how student loans work in the UK.
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