What It's About
What are income-share agreements, and do they exist in the world of entrepreneurship?
Notes from Chris
Episode 1614
Some cool things are happening in the world of higher education, which of course has changed a lot in the past decade or two—but one thing that hasn’t changed, at least until recently, is the skyrocketing cost of tuition. A listener has an opportunity to go to school as part of an income-share agreement (ISA), where her tuition isn’t due until after she graduates. What is this all about, and is it a good deal? Also, are there opportunities like this for side hustlers to learn about entrepreneurship?"Hey Chris, this is Megan and I've recently learned about income-share agreements. As best as I can tell, this is where someone goes through an educational program for free, in exchange for a portion of their income for a certain time period after they graduate. It seems pretty cool—back when I went to college, there was no guarantee about anything. All you had to do was pay up and hope for the best. Do you have any thoughts on this—and are there income-share programs for entrepreneurship? Looking forward to what you have to say about this."Listen to today's episode to learn more...
SEE ALSO:
- College Student Pays Off Loans With “Fitnancial” Blog: A college sophomore grows her finance and fitness blog into a business that brings in $80,000 a year.
- College Student Hacks Into $40,000/Month Side Hustle: When he found himself in need of making car repairs, this student bought a $25 microphone and recorded a course in “ethical hacking.” The course has now served more than 80,000 paid customers.
- College Student Starts Historic Letter Subscription Service: A student cashes in on his love of history by mailing beautifully designed letters to monthly subscribers.
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