ISAs in ImpactAlpha
Dennis Price’s article “Income-share funds expand college finance options for low-income students” focuses on their potential to level the financial playing field, which is the mission of here, the ISA nonprofit that JFI incubated. Price writes, “Better Future Forward, a nonprofit focused on making ISAs more accessible, has launched a pair of funds to test the viability of ‘ISAs’ with more than 200 low-income students in the city of Chicago and states of Minnesota and Wisconsin. Key to the model are partnerships with college success and coaching programs that provide lower-income students with the kind of support wealthier students take for granted when they arrive at college.” Read the article here.
Related
New Report on Student Debt Cancellation; Coverage in Marketwatch
Marketwatch: "The analysis is the first to provide a sense of who has benefited from the $153 billion in debt cancellation...
ISA research cited by White House and others
This research formed part of a White House issue brief, "The Economics of Administration Action on Student Debt."
Working Paper — Navigating Higher Education Insurance: An Experimental Study on Demand and Adverse Selection
A survey-based experiment in collaboration with the Philadelphia Federal Reserve.