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From YouTube: Oplerno ◐ Team Meeting 98
Description
Previous Team Meeting: https://www.youtube.com/watch?v=hLUkCQ7yPac
Getting a Student Loan With Collateral From a Future Job
https://www.nytimes.com/2016/04/09/business/dealbook/getting-a-student-loan-with-collateral-from-a-future-job.html
--
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A
Good
morning,
good
afternoon,
good
evening,
wherever
you
are
welcome
to
the
meeting
number
90
and
it's
this
immunity
meeting
we're
going
to
be
talking
to
a
close
up
of
tasks,
we're
going
to
have
set
a
discussion
on
the
website
and
about
something
that
we
recently
published
on
Amazon.
What
did
we
publish
our
Amazon
no
bra
so.
B
So
what's
up
as
an
e-book
and
it
was
fun
to
work
on
it,
there's
going
to
be
a
couple
of
updates
to
the
book
which
will
be
live,
and
so,
if
you
purchase,
if
you
purchase
the
electronic
version
of
of
the
book,
which
is
three
dollars,
oh,
you
will
also
be
getting
some
of
the
updates
and
changes
in
formatting
and
right
now,
I've
been
working
on
trying
to
get
awaited
easily
download
the
computer
model.
So
you
can
take
a
look.
B
It's
based
on
the
University
of
Vermont's
finances
on
financing
system,
but
you
can,
you
know,
change
a
few
names
and
change
a
few
numbers
and
get
a
good
understanding
of
those
dynamics.
I'm.
So
again
it's
three
dollars
on
Amazon.
You
can
find
it
by
on
going
on
to
amazon.com
and
typing.
In
Robert
skiff
I've
been
the
title.
You
know
new
University.
B
We
would
love
to
have
a
couple
of
reviews.
I
know,
278
people
have
downloaded
it
on
academia.edu
for
free
now,
I
took
that
off
I
deleted
that
and
if
you
read
it
and
you
liked,
it
would
be
great.
If
you
could,
you
know,
give
us
a
review
and
tell
us
what's
going
on,
there's
also
a
place
on
that
on
the
books
page
where
you
can
on
talk
to
the
author
on
me
and
Daniel
will
also
probably
be
chiming
in,
and
it's
so
really.
B
B
It's
also
getting
me
to
work
on
a
guide
for
students
on
how
to
lower
their
costs,
and
you
know,
find
a
career
without
the
student
loan
debt
there's
going
to
be
some
stuff
that
I'll
be
posting
on
on
both
the
planet
oh's
website,
but
also
be
sending
out
to
you
know
it's
going
to
be
a
really
fun
book
and
a
really
fun
process,
because
we're
going
to
open
it
up
to
different.
Does
students
with
other
people
and.
A
Of
course,
the
advantage
of
as
publishing
is
on
Amazon,
as
well
as
that
we've
also
nowhere
and
Google
a
rubbish
going
through
that
experience
that
you
knows
exactly
where
you
need
to
go
with
all
these
things
for
amazon,
also
as
a
test
case
for
how
we
would
do
to
if
a
faculty
member
with
us
decides
to
publishing
booker
how
we
can
help
them
to
publish
that
book
as
one.
What.
B
You
know
again,
you
get
to
site,
decide
in
amazon
the
price
of
your
product,
ok,
the
price
of
your
book,
and
you
earn
anywhere
between
thirty
and
seventy
percent
of
the
revenue.
That's
generated
from
the
sell,
your
books
sound
familiar,
and
it
is
a
much
better
deal
than
working
with
a
publishing
company,
because
you're
able
to
reach
the
people
directly
and
you're
receiving
a
much
higher
percentage
of
the
profits
of
the
publication
in
the
production
of
that
of
the
text.
So
I
really
really
liked
the
idea
and
I
really
like
that.
B
B
B
Yeah
looks
through
the
New
York
Times
and
you
know,
gets
the
wall
street
journal
and
he
found
an
article
on
Saturday
April
night,
and
I
want
to
show
you
it
it's
on
the
link.
Is
there,
it's
called
getting
a
student
alone
with
corrupt
collateral
from
the
future
job,
and,
if
you
can
see
me,
you'll
just
see
the
publication.
It's
a
in
the
business
section
of
the
New
York
Times
on
Saturday
April
knife.
What
it
talks
about
is
purdue
university
are.
Let
me
read
the
first
paragraph
at
Purdue
University.
B
Some
undergraduates
will
have
the
new
option
to
help
finance
their
degrees,
pledging
to
pay
a
percentage
of
their
future
incomes
in
return
for
funds
today,
starting
the
fall,
juniors
and
seniors
will
have
access
to
the
school's
back
a
boiler
program,
an
alternative
financing
arrangement
known
as
an
income
sharing
agreement.
Such
programs
are
not
loans.
B
So,
for
example,
if
you're
a
an
English
major
you're,
going
to
pay
a
higher
percentage
of
income
over
a
longer
period
of
time,
those
are
going
to
be
the
terms
that
you're
going
to
sign
on,
for.
If
you
are
a
mechanical
engineering,
then
you're
going
to
be
on
paying
a
smaller
percentage.
There's
so
much
here.
That
really
is
bad
and
one
of
those
things
is
a
risk.
B
B
A
You
also
have
variability
with
your
with
your
income
with
you
with
the
interest
rates.
It's
just.
It
just
sounds
like
a
even
more
of
a
gamble
and
one
of
these
Gamble's
that
banks
love
to
set
up.
I
means
one
of
these
blanks.
What
do
you
think,
where
universities,
who
should
really
have
the
best
interest
of
their
students
at
heart,
when
banks
wind,
obviously
mean
banks,
always
win
the
house?
All
twins
and
students
have
such
a
large.
A
B
B
New
rules
took
effect,
allowing
all
federal
borrowers
to
choose
a
plan
that
caps
their
loan
payments
at
no
more
than
ten
percent
of
their
monthly
income
after
graduation
after
20
years
of
payments
or
ten
years
for
those
who
work
for
government
organizations
or
most
nonprofits,
any
remaining
balance
for
the
undergraduate
loans
will
be
forgiven,
there's
so
much
wrong
with
this
okay,
ten
percent.
It's
capped
at
ten
percent
of
your
income.
Okay
and
people
are
already
paying
on
income
tax,
early,
decent
high
income,
taxes,
add
in
local
and
state
income,
taxes,
sales,
taxes,
etc.
B
You're
going
to
find
that
over,
my
guess
is
fifty
percent
of
your
income
is
going
to
pay
for
the
government.
Ten
percent
is
going
to
pay
for
these
ten
percent,
potentially
for
your
income
to
the
student
loans
for
ten
years,
okay,
and
also
the
really
crazy
incentive
of
its
twenty
years
of
repayment.
But
if
you
work
for
the
government
or
nonprofits,
then
it's
only
going
to
be
10
years
now.
What
kind
of
incentive
then
do
people
have
actually
to
work
for
private
enterprise
or
start
their
own
businesses?
B
Okay,
because
ten
percent
you're
going
to
be
paying
ten
years
more
if
you
go
into
the
private
sector
and
it's
a
very
dangerous
thing,
at
least
from
this
perspective
of
this
you
know:
US
citizen
Europe's
got
a
different
philosophy.
It's
a
really
bad
thing.
If
both
if
if
government
is,
is
owning
all
of
the
means
of
production
and
creating
a
real
disincentive
for
people
to
create
their
own
small
businesses
or
their
own
fault
terms
or
their
own
organizations,
it's
a
real
disincentive
to
do
that
on
a
private
basis,
and
you
know
I,
don't
like
it.
B
A
When
I
mean
I
have
no
I
think
personally
a
good
deal
if
you're
working
for
the
government
I
mean
the
government
is
then
ever
and
you
guys
have
say
you
work
for
ten
years
for
the
government,
then
they
once
it
then
after
10
years,
you
don't
have
to
pay
any
more
loans,
because
then
it's
like
a
social
services
like
as
if
you
work,
should
go
in
the
Army
for
10
years.
You
do
your
work
for
in
the
Army
for
10
years,
you
pay
a
few
debts.
Everything
you've.
A
Actually
you
do
something
for
the
country
they
have
invested
in
you
and
then
you
get.
Then
a
fifty
percent
of
seventy
percent
of
your
loans
get
wiped
out.
I
think
that's
actually
I
think
that's
a
good
idea.
I
wouldn't
want
that
deal.
I
would
like
to
have
a
choice
in
the
deal.
I
think
it's
a
bad
for
a
lot
of
people.
I
think
there
would
be
a
good
deal.
It
would
be
a
good
incentive.
A
So
you
can
don't
even
know
we
open
a
year
and
PhD
paper
actually
was
a
what
it
was
about,
because
it
were
because
you
just
if
you
don't
apply
it,
if
you're,
not
using
the
information
that
you're
learning
you're
going
to
lose
it.
So
this
is
also
it's
also
what
we
call
knowledge
destruction
by
whatever,
by
making
people
take
jobs
that
perhaps
in
the
government,
and
not
in
that
not
completely
in
the
field,
not
completely
in
the
knowledge
base.
You're
really
able
to.
A
B
B
Okay
arm
indentured
servitude
now
to
the
government
and
to
different
universities
and
we're
not
even
discussing
changes
that
could
happen
in
terms
of
how
service
how
education
is
delivered
and
the
choices
that
people
can
have
we're
so
into
propping
up
the
current
corrupt
and
bankrupt
on
higher
education
system.
It's
just
enough.
It's
just
so
not.
A
One
of
the
one
of
the
one
of
the
best
things,
and,
if
don't
think
I
mentioned
this
before,
was
it
I
recently
I've
been
talking
to
a
number
of
people,
are
new
college
trip
or
very
graduated
students.
Who've
come
over
from
the
US,
though
basically
refugees
from
the
college
loans,
so
they
have
50
60
70
thousand
euros
if
our
dollars
in
a
kink
in
loans
which
are
open
and
then
their
ideas
when
I
can't
go
back
to
the
US,
because
I'm
never
going
to
be
able
to
pay
this
I'm
not
going
to
videos.
A
So
my
choice
is
to
move
Europe
where
I'm
never
going
to
have
to
pay
this
and
go.
Do
that
go
do
what
here.
We
have
a
much
better
system,
of
course,
in
my
opinion,
so
there's
a
very
good
reason,
but
was
it
but
losing
losing
out
so
people
you
are
educated
than
us
coming
over
to
a
different
country.
You
see
this
as
well
in
an
essay
in
India
or
in
China
people
being
coming
over
to
the
air
to
to
your
opportunity
of
the
United
States.
The
brain
drain
there,
but
also
the
reverse.
B
And
yeah
and
it
can't
be
discharged
in
bankruptcy.
I
had
a
conversation
with
a
financial
aid
officer
of
a
small
Northeastern
University
in
it
arm,
and
they
were
telling
me
how
basically
at
this
university
people
are
taking
out
the
stafford
loans,
which
is
you
know,
ten,
twenty
thousand
dollars
a
year.
You
know
debt
over
the
four-year
period,
but
their
their
financing.
B
This
system
right
now
is
designed
in
voluntarily
I
mean
yeah.
It's
designed
to
bankrupt
you
and
to
eliminate
your
freedom
and
to
suck
as
much
wealth
out
of
your
families
as
possible,
and
it's
it's
pathetic
and
it's
unjust
and
it
needs
to
end
so
yep
or
we
all
need
to
move
over
to
Europe
like
everybody
else's.
So
note.
A
A
B
Maybe
you
know
yeah
or
mail
with
his
goal
of
everybody
working
for
the
government.
That
seems
to
have
succeeded.
Ok,
so
we've
talked
about.
We've
talked
a
little
bit
about
the
amazon.com
stuff,
this
new
article.
If
you
have
articles
that
you
want
to
share
with
us,
please
send
them
to
myself
skipper,
deplano
com
or
something
to
Daniel
and
we'll
definitely
talk
about
them
or
you
can
talk
about
a
model
of
us.
B
B
B
You
know
what
we're
trying
to
do
in
our
message
and
it's
definitely
a
radical
message
for
this
day
and
age
when
things
seem
to
be
moving
in
the
opposite
direction,
in
terms
of
of
support
for
the
old
ways
of
doing
things,
rather
than
looking
for
new
and
cheaper
solutions
to
do
that.
So
what
you
know
we're
chugging
along
and
yeah
things
are.
You
know
things
are
looking
good
from
that
perspective.
What
about
you
Daniel?
What
have
you
been
sort
of
from
you
know?
A
The
way
that
I'm
that
I'm
dealing
with
tasks
is
also
means
that
the
way
that
I'm
dealing
with
my
bro
no
email
is
also
is
also
changing
to
relate
to
that
really
setting
it
up.
So
there
is
much
easier
to
get
things
done.
I
mean
ever
Dave
dallin
a
brilliant
book
for
you,
sir,
but
it
was
the
really
really
learning
how
get
things
done
properly.
A
I
was
not
using
my
email
box
as
an
internal
time,
effort,
eternal,
a
task,
a
task
basket
when
actually
getting
things
done,
making
sure
that
there
was
a
depth
of
things
I've
been
taking
them
as
I
have
to
deal
with
this
now.
I
have
to
deal
with
this
in
there
was
connect
tomorrow
or
I
have
all
right
away
or
a
archive.
It
and
being
able
to
do
that
and
being
able
to
deal
with
it
quickly
really
really
helps
me
out.
A
Another
thing
that
helps
me
as
well
with
that
with
that
is
to
put
myself
in
order.
Rather
than
do
you
do
and
handling
my
email
sitting
down
on
I've
bought
myself,
one
of
those
rubber
balls
assistance
I.
Actually,
so,
as
you
can
see
that
I'm
wobbling
the
whole
time
so
so,
but
actually
making
sure
that
I
had
that
I'm
active
active
as
I'm
doing,
okay,
doing
whatever
tasks
I'm
doing
or
handling
all
the
tasks.