With support from the $100 million Google Career Certificates Fund, Social Finance is managing an innovative investment program that aims to empower more than 20,000 learners to realize over $1 billion in aggregate wage gains over the next decade.
Supported by inaugural training providers and , learners upskill and earn —industry-recognized credentials that equip people with the job-ready skills needed to enter in-demand fields such as data analytics, digital marketing and e-commerce, IT support, project management, and user experience design. The program focuses on helping people from underserved communities access well-paying, high-growth jobs.
By increasing access to skills-based training and supportive services, Google, Social Finance, and our partners are working to create a more equitable and inclusive job market and fill talent gaps across the country.
How It Works
Learners enroll with one of our training providers at no upfront cost and repay the cost of the program only if they land a job earning a minimum amount, such as $40,000 a year. Benefits include:
Job-ready skills training
Through Google Career Certificates, learners develop skills designed to prepare them for high-growth careers with proven success—75% of certificate graduates report a positive career impact within six months of completion, such as a raise, promotion, or new job.
Student-friendly financing
Guided by a Student Bill of Rights, students repay via flat monthly payments for a set term, as long as their income remains above the minimum threshold. For example, students who secure jobs earning $40,000 would pay approximately $100 a month. Learners who earn less than $40,000 pay nothing. Repayment terms, such as minimum earnings amount and monthly payment amounts, will vary by training provider. Social Finance will reinvest repayments back into the program for several years to enable future learners to benefit.