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Casey Jennings

COO at 13th Avenue Funding - not-for-profit advisor on Income Share Agreements

Casey Jennings is the Chief Operating Officer (COO) at 13th Avenue Funding, a not-for-profit organization that focuses on Income Share Agreements (ISAs) for college financing.2

Professional Background

13th Avenue Funding is pioneering a new approach to college financing by treating students like investments. The organization provides funding to low-income students in exchange for a percentage of their future income over a set period.1 As COO, Jennings plays a key role in this innovative financial model.

Expertise and Initiatives

Jennings is deeply involved in the development and implementation of ISA programs:

  1. He describes the 13th Avenue Funding model as "pooled venture capital" that shares risk among investors and students.3
  2. The organization has conducted pilot programs, including one in 2012 that invested in California college students.3
  3. Jennings is actively working to expand ISA programs to more colleges, though he notes that while schools are interested, funding remains a challenge.4

Philosophy on ISAs

Jennings and 13th Avenue Funding view ISAs as a potential solution to the growing student debt crisis. The approach aims to:

  • Provide an alternative to traditional student loans
  • Offer a form of "insurance" to students, as repayments are tied to future income
  • Create opportunities for low-income students who might otherwise struggle to finance their education1

Casey Jennings is based in Berkeley, California.2 His LinkedIn profile username is casey-jennings-2018522, as mentioned in the query.

Highlights

Mar 18 · pbs.org
A new spin on college financing? Treating students like stocks - PBS
Mar 18 · wnyc.org
A new spin on college financing? Treating students like stocks - WNYC

Related Questions

What inspired Casey Jennings to co-found 13th Avenue Funding?
How does Casey Jennings' role as COO at 13th Avenue Funding impact student financing?
What are the main challenges Casey Jennings faces in implementing Income Share Agreements?
How has Casey Jennings' work at 13th Avenue Funding been received by the educational community?
What are Casey Jennings' future plans for 13th Avenue Funding?
Casey Jennings
Casey Jennings, photo 1
Casey Jennings, photo 2
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Location

Berkeley, California, United States