Stanford Law School tries out income-share financing — from highereddive.com by eremy Bauer-Wolf

Excerpt:

  • Stanford Law School will allow some students to fund their law degrees with an income-share agreement, in which they will pay back tuition costs through a portion of their salaries over 12 years.
  • The law school is working with a nonprofit, Flywheel Fund for Career Choice, on the pilot program, which will initially be open to 20 students. The law school attendees will be able to have up to $170,000 of their tuition covered upfront in exchange for paying back 10% of their salaries.