The founder of Match, Mike Goldstein, and the Dean of Sposato Graduate School Education, Scott McCue, wrote a piece for Education Next about Sposato’s unique income share agreements for its master’s candidates, which shift the risk away from students and create more transparency in the tuition process.
“In 2011, we were opening a brand-new graduate school of education. Ours was the typical start-up problem. We had no track record. Why should customers—recent grads from selective colleges who wanted to become schoolteachers—choose us? What was our competitive advantage? We were willing to live or die on job placement. We believed we could generate teachers that principals would really want to hire, and that our graduates would get multiple job offers in springtime. So why not finance things differently?”
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