What if, instead of borrowing money for school at a certain interest rate, you promised a percentage of your future earnings to cover the cost?
What if, instead of borrowing money for school at a certain interest rate, you promised a percentage of your future earnings to cover the cost? Welcome to the Meratas Memo’s Weekly Roundup! This is your weekly fix of higher education and alternative financing news. Here are this week’s stories: Attending college can be difficult for many students to afford without financial assistance. With even a semester of community colleges costing thousands of dollars these days, college affordability often makes a big difference in which college you’re able to choose. Thankfully, there are several higher education loan options out there to help you pay your college bills, including scholarships, federal aid, and Income Share Agreements (ISA). 2020 brought a lot of lessons with it. The Covid-19 pandemic disrupted the entire education system across the globe.Income-Share Agreements vs. Traditional Private Student Loans: Which is Right for Your Career Path?
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