Work in Progress - Tracy Palandjian and David Socolow

Insights

WorkingNation Podcast: New Jersey Bets on Zero-Interest, No-Fee Workforce Training Loans

Tracy Palandjian, David Socolow, Ramona Schindelheim, and WorkingNation

Public Sector Solutions, Economic Mobility, Education, Pay It Forward Funds

In this episode of WorkingNation’s Work in Progress podcast, Ramona Schindelheim, editor-in-chief of WorkingNation, sits down with David Socolow, NJ HESAA Executive Director, and Tracy Palandjian, CEO and Co-Founder of Social Finance, to discuss the New Jersey Pay It Forward Program, a first-in-nation recycling workforce fund preparing New Jersey residents for in-demand, family-sustaining jobs.

Listen to the Episode

This program is very much thinking about how we align NJ's workforce development and economic development agenda. Students enroll at no upfront cost. I love the phrase that Governor Murphy uses—‘The living stipend and the wraparound support services are all on the house,’ meaning that it’s grant-funded, it’s not going to be repaid.

Tracy Palandjian

CEO and Co-Founder, Social Finance

Tracy Palandjian Headshot Square

Related Insight

New Jersey Pay It Forward Program Launch Event
Tracy and Governor Phil Murphy of NJ

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.

New Jersey Office of the Governor and Social Finance