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Helpful hand or scam? A new kind of student debt faces scrutiny
Published 10 months ago
Description
Illinois lawmakers are trying to rein in a new way to pay for college and training programs.
They’re called income share agreements, or ISA’s: a student gets the cost of tuition paid in exchange for a cut of their future income.
Supporters say they can be a good alternative to high-interest private loans.
But critics liken them to indentured servitude.
HOST: LANE