Some Investors, Universities See a Return in Fronting Students Tuition
- March 29, 2016
- Posted by: Kerry Schneider
- Category: Back a Boiler, Income Share Agreements (ISAs)
From: The Hechinger Report
By: Laura Pappano
What’s the market read on Karla Comacho? Not the potential value of the Frida Kahlo-like portraits she creates, but the potential return on her.
Is this studio art major at California State University, Long Beach a good risk?
Some deep-pocketed Wall Street-savvy investors think so.
They’re also bullish on Ulises Serrano, a University of California, Berkeley senior and son of a migrant worker. Ditto nine other low-income California college students to whom they’ve fronted about $15,000 each in exchange for a piece of their future incomes.