#lumni

fesn/fesnine/fesninity - a daylightcloudic gender quality; a gender quality related to clouds in the daylight. this gender quality may feel soft/mist-like while feeling warm like sunlight.

neria | lumbi | lubis

neria - a term for an older daylightcloudic individual.

lumbi - a term for a daylightcloudic individual regardless of age.

lubis - a term for a younger daylightcloudic individual.

aureole/cumulus | solarcloud

aureole/cumulus - a term for a daylightcloudic partner.

solarcloud - a term for a daylightcloudic spouse.

symbols from photopea.

Welcome to Your Neo-Feudal Future (Part II): Lender Lumni Brings back Indenture, Finances Your Education in Exchange for a Royalty on Future Earnings

To pay tuition, students sell all kinds of things, from lattes at Starbucks to their own bodies (for medical trials). But Alex Jasiulek has sold—or mortgaged—something new: the 10 years of his life after graduation.

Through junior year, Jasiulek, a Columbia University senior, had received $19,000 from a company called Lumni and agreed to pay about 3.7 percent of the salary he earns—no matter how high it goes—for a decade after graduation.

If he doesn't have a job, or if he's earning less than 200 percent of the poverty line, he doesn't pay anything, temporarily. The payback percentage varies by perceived earning potential and size of the award, but the term is always 120 working months.

By INGRID ROJAS Channel: Education Week 

As part of Univision's Education Week campaign (“Edúcate, Es El Momento”) we will be highlighting Latino leaders and innovative approaches to education. We start off with a look at Felipe Vergara and Lumni.

Felipe Vergara believes that education is a person's most important asset. After a number of years as a successful business executive in the U.S., the Colombia native decided to focus his attention on education. He co-founded Lumni, a company that provides financing for students to go to college. Lumni started in Chile but the initiative soon expanded to Colombia, Mexico, and now, the U.S.

Lumni has a unique approach to financing education. The company uses a “social-investment fund” to help pay for the education of a diversified group of college students. In return, each student commits to pay five to six percent of their income during a set period of time after graduation.