02-27-2022, 03:54 PM
(This post was last modified: 02-27-2022, 03:54 PM by carrythenothing.
Edit Reason: Added total cost
)
Quote:It’s all designed around student success. They will receive all of this at no upfront cost. And will only pay it back once they find a job earning at least $40,000 a year. Social Finance will then redistribute those repayments to future learners, making this model more sustainable.
I found this information on Social Finance's website:
Quote:Guided by a Student Bill of Rights, students repay via flat monthly payments for a set term, as long as their income remains above the minimum threshold. For example, students who secure jobs earning $40,000 would pay approximately $100 a month. Learners who earn less than $40,000 pay nothing. Repayment terms, such as minimum earnings amount and monthly payment amounts, will vary by training provider. Social Finance will reinvest repayments back into the program for several years to enable future learners to benefit.
One of the partners, Merit America, says "when you're in a job making $40,000 or more annually, you'll pay $95 per month for 60 months" ($5700).
Ongoing: MLIS
June 2022, Thomas Edison State University (TESU): Second degree - BA in Computer Science + ASNSM in Mathematics + Cert. in CIS + Cert. in Operations Mgmt.
e-Packs: Computer Concepts; Industrial Psych.
Guided Study: Comp. Architecture
Online: Intro. to PLA; Database Mgmt.; Software Eng.; Data Structures; Liberal Arts Capstone; DSI-610 (Statistics.com)
May 2019, a residential, RA institution: BA in Political Science and Educational Studies
Relevant equivalencies: MAT-321; MAT-431; STA-315
June 2022, Thomas Edison State University (TESU): Second degree - BA in Computer Science + ASNSM in Mathematics + Cert. in CIS + Cert. in Operations Mgmt.
e-Packs: Computer Concepts; Industrial Psych.
Guided Study: Comp. Architecture
Online: Intro. to PLA; Database Mgmt.; Software Eng.; Data Structures; Liberal Arts Capstone; DSI-610 (Statistics.com)
May 2019, a residential, RA institution: BA in Political Science and Educational Studies
Relevant equivalencies: MAT-321; MAT-431; STA-315