Method for Increasing Geographic Retention of Graduates by Reducing Student Loan Interest Rates Through Private Investment and a Secondary Bond Market

摘要

The method of the present invention attracts two groups of direct customers; grad students and investors and two passive groups of customers who will also benefit from these trades and investments; society and school institutions. The method provides cheaper interest rate student loans than offered by government sources and variable rates by private corporations; and provides the investors with relatively low risk investments that allow the investor to help address a community need. Preferably, the invention includes formation of a secondary tuition bond market to provide a means to liquidate the investor's investments in the tuition fund by trading/selling their student tuition bonds.

主权项

1. A computer and web-enabled graduate and employee retention system comprising:
a) one or more computers configured to store information pertaining to one or more loan applicants, said information including for each said loan applicant at least one of identification of an educational program in which said loan applicant is enrolled, a geographic area where graduates from said educational program are needed to meet a work force deficit, and a progress indicator of said loan applicant's current position in said program; b) one or more computers configured to process an application for a student loan by said at least one loan applicant; c) one or more computers configured to award a loan to said applicant based on said applicant's enrollment in said program, said loan comprising an interest rate determined by any one or more of applicant's status in said program, applicant's place of residence, applicant's employment status, geography of applicant's employment wherein said employment status and geography of employment meet a preset criteria to meet said work force deficit.