Blog

Date Filter: 3/2018

A Brief History of Income Share Agreements

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Mar 30, 2018
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Income-share agreements

Although income share agreements have become more popular in recent years, the idea dates back to the 1950s. Today, we dive into some of the most important developments with ISAs. 1955: Milton Friedman originally proposes the concept of income share agreements in his essay “The Role of Government in Education.” In the essay, he outlines an “equity investment” in which investors can buy a share in an individual’s future earning prospects. 1971: Yale University...

The Benefits of Reverse Mentoring

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Mar 28, 2018
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Career development and mentoring

In a recent article from Quartz, founder of Hootsuite Ryan Holmes illustrates the benefits of reverse mentoring, in which younger employees teach older executives new skills and ideas. Traditionally, mentees seem to reap the most benefits. However, a relationship between a young professional and a more experienced mentor can actually be symbiotic. Holmes points to specific categories that young professionals have more experience with, such as diversity, artificial intelligence, and...

Is College Still Worth the Expense?

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Mar 26, 2018
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Student loans, Career development and mentoring

Is college worth the expense for today’s youth? According to economist Rafiq Dossani, it is. Loans allow students to invest in a college education, and they tend to provide a worthwhile return. With a default rate of about 11%, student loans seem to be affordable for a vast majority of students. However, students can feel the negative impacts of loans even if they don’t default on them. For example, financial stress can damage wellbeing and force students to work extra jobs instead of...

Mentor Spotlight: Jenny Le and Getting out of your Comfort Zone

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Mar 22, 2018
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Career development and mentoring

  This is the start of our new Mentor Spotlight series, where we interview some of the talented individuals who mentor students with MentorWorks. Today’s spotlight is with Jenny Le, an indirect tax specialist at PTC. Joel recently sat with Jenny to talk about her career at PTC. Joel: Thanks for taking the time to meet with me, and before we get started, could you give a quick introduction of yourself? Jenny: So I went to college in the Peter T. Paul School of Business at UNH and I...

Will this be the Decline of Federal Financial Aid?

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Mar 19, 2018
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Student loans

    According to the Wall Street Journal, a bill to break up the government’s near-monopoly in the student loan market has cleared the house and is now seeking a vote from the full house. The bill will increase privatization of education financing, and reducing federal financial aid. This could mean that households with weaker credit scores would have fewer options to take on loans to pay for college. Unlike private student lenders, government programs like Direct and PLUS do...

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