Year of Publication
Martin School of Public Policy and Administration
Master of Public Financial Management
Dr. Merl Hackbart
This paper explores the features of Income Share Agreements (ISAs) as an alternative method of financing higher education. After reviewing a pilot project at Eastern Kentucky University and complaints that have been filed toward their provider, the insights gained lead to recommendations for a state-wide government-sponsored income share agreement program with specific guardrails regarding transparency, program goals and outcomes, legal requirements, compliance and auditing, and lending and servicing.
Klarer, Erin, "Income Share Agreements as Alternative Education Financing" (2020). MPA/MPP/MPFM Capstone Projects. 393.