March 22, 2016

New OPB Brief on Income Share Agreements (ISAs)

Over the past few months, income share agreements (ISAs) have received significant attention from political candidates, higher education advocates, and news sources. A new OPB brief takes a closer look at ISAs by:

• Exploring differences between and the history of privately funded ISAs and publicly funded ISAs (such as Pay It Forward).
• Comparing ISAs to federal income-based repayment (IBR) plans in terms of overall structure, years to repayment, monthly payments, and total cost over time.
• Identifying remaining issues regarding ISAs and their implementation.
• Offering alternatives like improving federal loan repayment options.

Please contact Jed Bradley if you have any questions.