The Ultimate Guide To Income Sharing Agreements (ISA)

Income sharing agreements are relatively new student loan alternatives that look to balance some of the benefits that were traditionally offered with Federal loans, in a new type of private loan.

The rising balances of student loans are a major problem. The problem tends to be especially pronounced among former students who fail to secure high-paying jobs after graduation.

One solution that has been gaining traction is income sharing agreements (ISAs). These are “loan-like” arrangements where students repay a set percentage of their income for a set period of time.

While they sound appealing - an alternative to student loans - they also come with their own set of risks you need to understand.

Are you considering a school with an income sharing agreement? Before you sign up for the program, here’s what you need to know about the agreements.