Student Loan Debt 2015: Income-Share Agreements Let Investors Buy Stock in Students, Could be New Way to Pay for College

From:  International Business Times
By:  Tim Marcin

A different way to finance a college education has begun to gain traction and could provide a fresh alternative to student loans, which plague many recent graduates and the U.S. economy as a whole. Purdue University this week took a step toward exploring income-share agreements, in which investors pay for a student’s education in exchange for a percentage of future earnings. The move by the Indiana school adds to the momentum behind the alternative to private student loans.

Purdue plans to partner with Vemo Education, a Virginia financial services firm, to look into the use of income-share agreements, which are commonly called ISAs, to help students pay for their educations, the Washington Post reported Friday.

Click here to read more…

Need More Information?

Contact us today at VEMO Education and we’ll answer any questions you have about our products.

Want to Work with Vemo? Register your Higher Ed Institution Today!