Report/Research
Exploring Racial and Gender Differences in ISA Contract Terms and Repayment Patterns
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.
Related Content
Project
Financing the Future
JFF’s Financing the Future initiative reimagines the way we finance education and skills development. JFF’s Financing the Future initiative reimagines the way we finance education and skills development. Our team is made up of individuals…
February 18, 2020
Income Share Agreements
An income share agreement (ISA) is an innovative financing tool used by education and training providers that ties the amount that learners pay to the amount of money they earn after completion. Students pay a…
December 17, 2020
Post
New JFF Research Sheds Light on the Equity Impact of ISAs
Do income share agreements narrow or reinforce systemic inequities? JFF found little evidence of either, but more research is needed. A recent analysis by the Student Borrower Protection Center (SBPC) found that ISA contracts available…
April 14, 2022