Career Impact Bonds Transfer Risk to Investors as the Future of Work Arrives
In an interview on ImpactAlpha’s Returns on Investment podcast, Social Finance CEO, Tracy Palandjian, discussed Social Finance’s latest innovation: Career Impact Bonds (CIBs). The podcast highlights how CIBs transfer career-transition risk from students to investors. The conversation also touches on how CIBs extend the idea of traditional ISAs to include additional educational programs & wrap-around support services.
“Let’s take the risk away from the student and level the playing field so students only repay the debt when they get a job.” -Tracy Palandjian, co-founder and CEO of Social Finance