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American Institutes for Research, 2015
Next fall, students at Purdue University may have a new way to pay their tuition: income share agreements (ISAs). ISAs are an alternative form of higher education financing in which students pledge a fixed percentage of future earnings in exchange for money to pay for college. ISAs present a new challenge to the nation's colleges and universities,…
Descriptors: Income Contingent Loans, Paying for College, Student Financial Aid, Student Financial Aid Officers