Trinity College
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They have become an urban work college. Link [[1]]
Methods?
- Students work for local businesses, get paid through tax free tuition grants. Along with a 40% tuition reduction (which still results in more tuition revenue to the college) debt is reduced to $3k per year, which can be paid by a reasonable summer job.
- No Wednesday classes, so students can work or rest.
Benefits
- Increasing tuition revenue
- Number of students in counseling is down
- Student wellbeing is up
- Student retention is up
Business and non profits in the Trinity ecosystem
== Remaining to be solved: students tuition grants takes away their spending money. The team has looked at venture philanthropy (give to invest with the gift returning to be invested again) funds, perhaps on a DAF platform or via a CDC, and is exploring the immigrant savings circle model and a custom credit union on a larger credit union platform targeted at the business needs of the local micro economy of student empolyers and their peers for a path to find a way for students to have money for pizza and beer on the weekend.