When John Isom turned down an opportunity to go to the University of Utah to study computer science and take on an income-share agreement (ISA) to finance the education, he was aware of the risks.
“I created a mock budget… and saw how much debt I was going to have to take on,” Isom said in an interview with Yahoo Finance. “Even with a little bit of a scholarship, it honestly didn’t do much — it’s still wildly expensive. You have no choice but to take out a federal student…
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