#1614 - Q&A: How do income-share agreements work?
Side Hustle School
Chris Guillebeau
4.7 • 3.3K Ratings
🗓️ 2 June 2021
⏱️ ? minutes
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Summary
A listener has learned about income-share agreements, where college tuition or other learning costs aren’t due until after graduation. Is this a good deal?
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Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.
Show notes: SideHustleSchool.com
Email: team@sidehustleschool.com
Be on the show: SideHustleSchool.com/questions
Connect on Instagram: @193countries
Visit Chris's main site: ChrisGuillebeau.com
Read A Year of Mental Health: yearofmentalhealth.com
If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼
Hosted on Acast. See acast.com/privacy for more information.
Transcript
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| 0:00.0 | Some cool things are happening in the world of higher education, which of course, as you |
| 0:09.2 | probably know, has changed a lot in the past decade or two. |
| 0:13.4 | But one thing that hasn't changed, at least until recently, and still hasn't changed |
| 0:17.0 | on a widespread basis, is the skyrocketing cost of tuition. |
| 0:21.0 | I don't need to tell you how expensive college tuition is, especially if you're in the |
| 0:24.5 | United States, especially if you have been paying for college tuition or are paying for |
| 0:27.9 | someone else's college tuition. |
| 0:29.9 | And even if you're not, you're probably aware that it's pretty expensive. |
| 0:33.3 | So in today's question, a listener is wondering about this new thing called income share agreements |
| 0:38.6 | or ISAs. |
| 0:39.6 | And they have an opportunity to go to school as part of an ISA, if I'm not mistaken, we'll |
| 0:44.2 | hear her question in a moment, where tuition isn't due until after graduation. |
| 0:49.7 | That's the key point. |
| 0:50.7 | So what is this all about? |
| 0:51.7 | Is it a good deal? |
| 0:52.7 | And of course, we're going to look at it through the lens of side-assil school. |
| 0:55.1 | That's what it's all about here, we're looking at micro entrepreneurial projects. |
| 0:59.0 | So are there opportunities like this for side-assilers to learn about entrepreneurship? |
| 1:03.7 | Can you, in fact, learn now, pay later, etc? |
| 1:06.4 | I have some thoughts on that. |
| 1:07.8 | So first, a quick shout out to our sponsor. |
| 1:09.8 | Thank you, sponsor. |
... |
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