How Yale’s ‘Failed’ Income Share Experiment Worked for Me
“In recent months, a growing cohort of colleges and universities — from big state schools like Purdue University to small private institutions like Lackawanna College — have adopted income share agreements (or ISAs) as an alternative to certain student loans. Proposals for a revamped Higher Education Act, likewise, call for ‘risk-sharing’ between institutions and students — an idea that, with good reason, enjoys support on both sides of the aisle.”