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Chancen international announces first close of its $21m future of work fund for ethical student financing

The Fund will provide tuition financing for 10,000 youth in Rwanda with future expansion to South African and Kenya KIGALI, Rwanda, 11 May, 2022 -/African Media Agency (AMA)/- Today, Chancen International (CI) announces the first close for its $21 million Future of Work Fund (FWF). A significant move aimed at realizing African Union’s agenda 2063 which advocates for well-educated […] ....

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Income Share Agreements Have the Potential to Revolutionize College Financing

In 1955, economist Milton Friedman wrote his famous essay, “The Role of Government in Education.” This foundational essay offered great insights into the proper function of America’s education system. Among them, Friedman’s suggestion that college students could finance their education with the help of lenders who bear the up-front cost of a student’s tuition. These lenders would then be repaid by taking a percentage of the student’s future earnings. Friedman suggests that both lenders and students could benefit from this arrangement: ....

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How an Income Share Agreement can improve access to Quality Education for Sub-Saharan Africa

Tertiary education has long been positively associated with economic development. While definitions and contexts can vary, tertiary education generally refers to any formal skills development beyond high school or secondary school. This can range from ....

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