BIG BET INCOME SHARING AGREEMENT (ISA)

Detroiters Understand the Need for Post-Secondary Training

Inner-city residents desire to earn more income and have gravitated to easier post-secondary options. Unfortunately, these options have charged exorbitant tuition rates to generate incomes earning $15 per hour. This income is not sufficient to service the student loan debt they owe. Consequently, Detroit has the highest student loan default rate in Majority-Minority zip codes. People of color are not moving into high-paying high-demand careers.

Higher Education Must Return to its Original Purpose...

The original purpose of higher education was to trendset new high-paying, high-demand careers. Many post-secondary options have been preparing people of color for obsolete careers. Automation, raging through every industry, is creating careers that are growing in demand at a rate of 15% to 30%. Most of these jobs are in technology with the highest demand tech career --- Information Security Analyst / Cybersecurity Specialist.

 

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