5 ms·
it’s a colloquialism, “the experiment” refers to the collective belief that ISAs had potential risk to revolutionise funding for education etc.
by phphphphp 5y ago
it’s a colloquialism, “the experiment” refers to the collective belief that ISAs had potential risk to revolutionise funding for education etc.
- matsemann 5y agoAnd ISA being..?
- eatonphil 5y agoIt's in the title of this post: income share agreement.
- matsemann 5y agoAnd that explains nothing of the concept unless you already know what it means. Share income in what context? Other people answered it, thankfully.
- phphphphp 5y agoIncome Sharing Agreement, I.e: what bloomtech (fka Lambda) use. No payment upfront, but the institution gets a cut of income above $x until the repayment amount is met.
- shagie 5y agoAn an article about them - https://www.nerdwallet.com/article/loans/student-loans/income-share-agreements-what-students-should-know-before-borrowing https://www.nerdwallet.com/article/loans/student-loans/incom... An example contract - https://www.purdue.edu/backaboiler/disclosure/contract.html https://www.purdue.edu/backaboiler/disclosure/contract.html