ARTICLE
15 September 2021

Do Income Share Agreements Help People Pay For College – Or Are They Loans That Help Providers Evade Regulation?

MF
Morrison & Foerster LLP

Contributor

Known for providing cutting-edge legal advice on matters that are redefining industries, Morrison & Foerster has 17 offices located in the United States, Asia, and Europe. Our clients include Fortune 100 companies, leading tech and life sciences companies, and some of the largest financial institutions. We also represent investment funds and startups.
Maria Earley spoke to MarketWatch about the debate over whether Income Share Agreements (ISAs) can be considered loans.
United States Finance and Banking
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Maria Earley spoke to MarketWatch about the debate over whether Income Share Agreements (ISAs) can be considered loans.

According to Maria, ISA providers "want clarity, they want to know what the rules are."

"All of the existing consumer protection laws could be applied to ISAs, but there are important places where the requirements under these laws have to be translated for ISAs because they're functionally different than loans," Maria said.

Read the full article.

Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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