Should colleges ask for a slice of future wages to offset current college costs? - Patti Zarling, Education Dive

In an effort to make college more affordable, some institutions are turning to an old — but seldom used — concept: income-sharing, that is allowing students to pay for tuition now with wages earned after graduation. Lackawanna College in Scranton, PA, recently announced it will pilot an income-share agreement, or ISA, program in spring, with details yet to be worked out. Only a few thousand students throughout the U.S. use ISAs; Purdue University is the largest school to participate. Income-share agreements ask students to repay school costs with a set percentage of their future earnings, say 1 percent to 2.5 percent, for a certain number of years. Those who are expected to earn more pay more. Those who earn only a floor-level salary, say $20,000 a year, might pay nothing. https://www.educationdive.com/news/should-colleges-ask-for-a-slice-of-future-wages-to-offset-current-college-c/513378/