Peterson's: 5 Reasons to Use an Income Share Agreement to Fund Your Education
Peterson's recently reviewed Stride's Income Share Agreements and highlighted 5 reasons why they are a better way to fund your education.
An innovative, flexible financing option
Michaels explained how an Income Share Agreement serves as a formal contract between the student and the financial institution, which in this case is Stride Funding. The terms of each ISA are unique to the student, and take into consideration your program of study. Unlike student loans, ISAs do not accrue interest. They do, however, supply your educational institution with payments on your behalf. In return, you agree to repay the ISA with a fixed percentage of your future income for a finite period of time.
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