Exploring Racial and Gender Differences in ISA Contract Terms and Repayment Patterns
April 14, 2022
At a Glance
Income share agreements (ISA) have garnered significant excitement as a new tool to finance postsecondary education, but it is unclear what effect they have on racial and gender equity. Using a proprietary data set of ISA contract holder records, this report analyzes differences in contract terms and repayment patterns across demographic groups, finding no consistent and significant favorability toward one racial/ethnic or gender group over another.
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