Ask MyRichUncle to Pay for School

MyRichUncle claims to offer students an alternative method of paying for college. The site boasts a network of investors who will help finance a student's undergraduate or graduate education, and upon graduation, the student must pay the company a percentage of their income for up to 15 years. The MRU Education Investment supplements other grants, scholarships or subsidized loans that students receive to pay for school. Rate payments are determined by the type of program the student is in, the school they attend, the year of enrollment, work experience and other factors. The company also plans to offer mentorship opportunities for students with MyRichUncle's network of investors.