Duke University's Income Share Agreement Program

Duke University's Income Share Agreement (ISA) program provides students with an alternative way to finance their education. Instead of traditional loans, students agree to pay a fixed percentage of their future income for a set period after graduation. Payments are capped, and if students earn below a certain threshold, they may pay nothing. This approach aligns repayment with earning ability, reducing financial stress and linkage to debt accumulation. The program is designed to make higher education more accessible and financially manageable, while allowing schools to share in students' future success without imposing traditional debt burdens.