I love this idea. It completely removes the downside risk for students. The example in the article was a pilot who used an ISA to fund $21,000. He has to pay it

I love this idea. It completely removes the downside risk for students. The example in the article was a pilot who used an ISA to fund $21,000. He has to pay it back with 7.5% of his salary with a cap at $42,000 repaid or 104 payments. He might ultimately end up paying a bit more than if he had a typical student loan but he could also end up paying substantially less. He is an entry level pilot during Covid-19, after all.