Insights

Harvard Business School Case Study Highlights Social Finance’s Evolution and the NJ Pay it Forward Program

Public Sector Solutions, Workforce & Economic Mobility, Pay It Forward Funds

Key Takeaway

Social Finance: Driving Accountability,” Harvard Business School’s case study, takes a deep dive into Social Finance’s work and the New Jersey Pay it Forward Program.

Designed and managed by Social Finance, the New Jersey Pay It Forward Program provides zero-interest, no-fee loans for participants to enroll in high-quality job training, creating a pathway to economic mobility for those who may not have the savings to pay for training or the credit history for a loan.  

In October 2023, Harvard Business School published “Social Finance: Driving Accountability,” a case study that examines our portfolio of worker upskilling initiatives.  

The case study is available for purchase on Harvard Business Publishing’s website 

Related Insight

Social Finance Impact First Fund Q4 2025 Report
A construction crane towers over a building site with two workers standing on scaffolding against a cloudy sky.

Social Finance Impact First Fund Q4 2025 Report

The Social Finance Impact First Fund is pleased to share our Q4 2025 quarterly report, which covers Fund activity through December 31, 2025. The Impact First Fund is built to deliver flexible, risk-tolerant capital to innovative…