Tuesday, October 8, 2019

Lifting the Curtain on Student Income-Share Agreements - By Andrew Kreighbaum, Inside Higher Ed

Income-share agreements are drawing attention from lawmakers, although relatively few students so far have signed up for the loan alternative. Two organizations with markedly different approaches are looking to change that. The contracts obligate students to pay back a portion of their future income for a set number of years rather than take out student loans to cover unmet financial need. The concept was first tested in short-term programs like coding boot camps but increasingly is being pushed as an option for students at traditional colleges as well.

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