What if you never had to take out student loans to pay for school? That's the premise of a new financial tool colleges are using to help students pay for school - income-share agreements (ISAs). In some cases it can be better that borrowing student loans, but in many cases worse. GettyWhat Is An Income Sharing Agreement (ISA)In an effort to help students reduce or avoid student loans, colleges across the United States are creating ISA programs. Also, keep in mind that unlike student loans, ISAs are unregulated and may not offer the same advantages as student loans (forbearance, hardship deferments, etc.).

Source: Forbes April 12, 2019 11:37 UTC