Income Share Agreements: Connecting Education to Employment Through Financing

18 May

Completion With a Purpose

Kevin James, Director, Higher Education at Jain Family InstituteBy Kevin James, Director, Higher Education, at Jain Family Institute

For those who may have missed it, in mid-April thousands of ed tech entrepreneurs, investors, educators, philanthropists and other edu-wonks converged on San Diego for the annual ASU-GSV summit. The conference, which first took place seven years ago in 2010, serves as a yearly gathering point for those interested in the latest developments in education technology and related services.

As part of the summit, I had the pleasure of moderating a panel on income share agreements (ISAs) that USA Funds®, a sponsor of ASU-GSV, helped to organize.

ISAs are an idea that has been around for decades but has started to get more attention recently as researchers and entrepreneurs seek better alternatives to traditional student debt. Under an ISA, a student receives funds to help pay for school in exchange for agreeing to pay a percentage of his…

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