2 ms·
what a shame. income sharing agreements are a good idea, but this was poorly implemented and to make matters worse was done during boom teams, so it's no surpri
by endisneigh 4y ago
what a shame. income sharing agreements are a good idea, but this was poorly implemented and to make matters worse was done during boom teams, so it's no surprise what's happening now.
- tempsy 4y agofederal student loans have always had income based repayment options
- endisneigh 4y agoThat’s not the same as an income share agreement, as the school gets all the money regardless.
- tempsy 4y agoit’s not the same thing but the point is your repayment schedule is dependent on your income in both situations.
- endisneigh 4y agoThat’s not the main value of an income share agreement. As you’ve already pointed out, simply creating a payment schedule has already been possible.
- tempsy 4y agothe main benefit is just that you don’t owe anything if you can’t find a job? well the ones suing are the ones who couldn’t find a job and not happy about it. simply not having to pay up is not much of a consolation.