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Justin Draeger, president and CEO of the National Association of Student Financial Aid Administrators, joins NACUBO Director of Student Financial Services and Educational Programs Bryan Dickson to discuss the impact of income share agreements on the higher education landscape.

While this space isn’t yet regulated, Draeger explains that schools have some flexibility to experiment with these alternatives to traditional financial aid and notes that institutions that are leading the way with these new instruments are doing so with great care.

As students look for different ways to finance their education, campus leaders, policymakers, and consumer protection groups will need to do their homework in this area now, as Draeger predicts this option will become more common.

 

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