Workforce Realigned Podcast, Episode 6: New Jersey Pay It Forward Prepares Students for Good-Paying Jobs
From the Social Finance Institute
From the Social Finance Institute
The Social Finance Institute, Workforce & Economic Mobility, , Pay It Forward Funds, Workforce Realigned
“Student success is the ultimate priority. It surrounds the parameters of how we built this program. This program removes the risk from the learner and aligns incentives amongst the learners, the training providers, and all the funders in the state government.” —Sarah Keh, Vice President of Inclusion Solutions, Prudential Financial
In this Workforce Realigned podcast episode, David Socolow, Executive Director of the New Jersey Higher Education Student Assistance Authority, Sarah Keh, Vice President of Inclusion Solutions at Prudential Financial, and Social Finance’s Jake Segal, discuss the New Jersey Pay It Forward Program, a first-in-nation initiative that is preparing New Jersey residents for in-demand jobs and filling critical job openings across the state.
We can use workforce financing as a tool for creating fairness within communities by linking student obligations to whether or not the training helped to get them into a better job.Jake Segal
Managing Director, Social Finance
The Workforce Realigned podcast offers innovative ideas about how to reboot economic mobility in America. It is part of a larger book, event, and action group series called Workforce Realigned, presented by Social Finance and the Federal Reserve Banks of Atlanta and Philadelphia.
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