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Workforce & Education Investments, Workforce & Economic Mobility, Financing Tuition & Living Expenses, Case Studies
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The New Jersey Pay It Forward Program, launched in 2021 with the State of New Jersey and the New Jersey CEO Council, is the nation’s first Pay It Forward program designed expand access to quality job training and economic mobility. The program provides no-interest, no-fee loans to residents looking to enroll in education and training programs with the goal of getting in-demand jobs in health care, IT, and clean energy.
This case study provides details on the development of the program, insights, and early outcomes.
Related Insight
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Case Study: American Diesel Training Centers Career Impact Bond
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Case Study: Google Career Certificates Fund
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New Jersey Pay It Forward Program Launch Event
Hudson County Community College hosted a launch event for the New Jersey Pay It Forward Program, a joint initiative of Governor Phil Murphy, the State of New Jersey, New Jersey CEO Council, and Social Finance.