Income Share Agreements: Can They Finance Higher Education?

George Leef

This week's Pope Center Clarion Call is my take on a recent AEI paper advocating "Income Share Agreements" as a means of financing higher education.

The concept is good and I would like to see it supplant government grants and loans. Unfortunately, the authors want it to merely supplement the existing system and I don't think that will work -- especially if the most frightening feature of the loan system, the prospect of repayments that can't be made because the graduate isn't earning much, is removed and all loan repayments become income based.

  • Share

Most Commented

September 16, 2019

Slavery Did Not Make America Rich

'King Cotton' isn't King

September 18, 2019

Most Read

September 21, 2010

January 03, 2011