Income share agreements, which allow college graduates to repay tuition financing as a percentage of their future income, have come under fire lately from consumer advocates for questionable marketing and other potential legal violations. Some hope a partnership between a Virginia bank and an ISA provider will give the product more legitimacy, while others worry it just masks risks for borrowers.

July 12
8 Min Read
Income-share agreements offer students tuition funds in exchange for a percentage of their post-graduation income, typically between 2-10% over a set period of time. The agreements are typically made between an educational institution and the student, with the fintech provider servicing the product in exchange for a fee.
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