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Diane Auer Jones, principal deputy under secretary at the Department of Education, said Thursday that the Trump administration is considering establishing a program to offer income-share agreements.
Unlike student loans, students who receive ISAs commit to paying back a portion of their salary for a set number of years. While a handful of colleges have offered income-share agreements, they’ve mostly been limited to shorter-term boot-camp programs.
“We’re thinking about how we can use the federal programs to do an experiment with income-share agreements,” Jones said.
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