Life Capital

Attempts to re-align incentives in education have fallen into two main categories: income share agreements (ISAs) and equity investments.

Think ISAs (Income sharing Agreements) for software jobs. Lambda takes in rookie coders, trains them and introduces them to potential employment opportunities. It then takes a cut from their income as their fees. Yield Guild does the same but for gamers.

In the unbundled model, which we seem to be moving towards, there is a wide variety of agents across the value chain that work with one another: the financing is provided by external issuers (like Leif) that take care of the ISAs, the content could be open-sourced (like the Odin Project), the community shared by students across different programs (... See more