Sydney Johnson
February 20159 | EdSurge

As the cost of college continues to feel out of reach for many students, schools and startups are beginning to think of new ways to finance the cost of tuition. Income-share agreements, or ISAs, are one method winning the attention of investors and education providers alike.

Here’s the idea: rather than paying tuition up front, students pay back a portion of their income after graduating and landing a job. And if students don’t land a job, they pay back nothing. Coding bootcamps have taken to the model by storm, with many relying on ISA arrangements as their most popular tuition-financing option. (And it has helped them avoid dealing with traditional accreditation and financial aid systems while still giving students a way to afford attending.)

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