4.6 • 29.8K Ratings
🗓️ 5 August 2022
⏱️ 27 minutes
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0:00.0 | This is Planet Money from NPR. |
0:06.5 | As we enter a new school year, it is worth noting that college is as expensive, if not |
0:12.0 | more expensive than ever, and inflation is not helping that. |
0:18.0 | But you know, three years ago, we did talk about this novel, seemingly new to the United |
0:22.9 | States at least, this new way of paying for college. |
0:26.8 | Income share agreements. |
0:28.3 | Now if you have no idea what an income share agreement is, do not worry. |
0:32.1 | We have an episode to play for you as some background, but we wanted to play that episode |
0:37.4 | now so that we could give you a bit of an update. |
0:40.4 | Now that this income share agreement product has been around and in the world and in the |
0:45.3 | United States now for a little bit of time. |
0:48.2 | Here is that original episode from about three years ago. |
0:52.0 | Lauren Newworth is a junior at Purdue University. |
0:54.8 | She studies biological engineering and food processing sciences, which means she knows |
1:00.0 | a lot about how food works. |
1:02.8 | As a technical expert, is there some artificial flavor that's just like where they just nailed |
1:06.7 | it? |
1:07.7 | I would say like banana. |
1:08.7 | Banana is actually pretty cool from a chemical standpoint. |
1:11.6 | It's like a volatile confidence. |
1:13.0 | Lauren obviously is super into this stuff. |
1:16.1 | And she knew that Purdue was a good place to get into the food engineering industry, but |
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