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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:
- He describes the 13th Avenue Funding model as "pooled venture capital" that shares risk among investors and students.3
- The organization has conducted pilot programs, including one in 2012 that invested in California college students.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.