1614 7:40 Q&A

Q&A: How do income-share agreements work?

A listener has learned about income-share agreements, where college tuition or other learning costs aren’t due until after graduation. Is this a good deal?

7:40

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What It's About

What are income-share agreements, and do they exist in the world of entrepreneurship?

Notes from Chris

Episode 1614
Some cool things are happening in the world of higher education, which of course has changed a lot in the past decade or two—but one thing that hasn’t changed, at least until recently, is the skyrocketing cost of tuition.

A listener has an opportunity to go to school as part of an income-share agreement (ISA), where her tuition isn’t due until after she graduates. What is this all about, and is it a good deal? Also, are there opportunities like this for side hustlers to learn about entrepreneurship?
"Hey Chris, this is Megan and I've recently learned about income-share agreements. As best as I can tell, this is where someone goes through an educational program for free, in exchange for a portion of their income for a certain time period after they graduate. It seems pretty cool—back when I went to college, there was no guarantee about anything. All you had to do was pay up and hope for the best. Do you have any thoughts on this—and are there income-share programs for entrepreneurship? Looking forward to what you have to say about this."
Listen to today's episode to learn more...

 

 

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