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Getting a Student Loan With Collateral From a Future Job
April 9, 2016 /
At Purdue University, some undergraduates will have a new option to help finance their degrees: pledging to pay a percentage of their future incomes in return for funds today.
Starting this fall, juniors and seniors will have access to the school’s Back a Boiler program http://www.purdue.edu/backaboiler/index.php , an alternative financing arrangement known as an income-share agreement.
By STACY COWLEY
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Posted in: Education News
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