Rethinking Education Financing: The ISA Approach

This chapter critiques the Yale experiment's shortcomings in financing education through Income Share Agreements (ISAs) and compares them with individual-based ISAs used by institutions like Purdue University. It emphasizes the disconnection between traditional liberal arts degrees and job market demands, advocating for skills-based alternative programs such as boot camps. The discussion also explores the importance of job placement in educational success and how ISAs can align financial incentives with student outcomes.