top of page
Search
  • Writer's pictureRebecca Natow

Bipartisan Legislation on Income Share Agreements Introduced in Congress

Forbes reports that bipartisan legislation on Income Share Agreements -- student loans in which recipients "commit a fixed percentage of their future earnings in exchange for education funding" -- was introduced in Congress this week. According to Forbes, the bill would (among other things) allow ISA debt to be discharged in bankruptcy, exempt debtors from payment when their income is less than 200% of the poverty level, and provide a repayment rate cap of 20% of the debtor's income. Read the full Forbes piece here.

6 views0 comments

Recent Posts

See All

Someday soon, I would like to read a novel that has at least one mostly decent main character. Gone Girl (by Gillian Flynn) is not that novel. This story explores what might happen when two complete n

The Plot by Jean Hanff Korelitz 3.75 out of 5 stars Here's the thing. This novel contains a book-within-a-book, and the book-within-the-book is supposed to contain one of the greatest plots ever. But

bottom of page