Purdue University is leading a national conversation on alternative higher education funding options, including the idea of income share agreements.

U.S. student loan debt is $1.5 trillion and rising. Income share agreements have been proposed as an alternative to student loans and are being introduced at a number of higher education institutions, including Purdue University, which first launched its Back a Boiler program in the 2016-2017 academic year.

Recent college graduates struggle to make their student loan payments – data tells us only 74% of the total value of student loan debt is in loans that are in good standing.

Are income share agreements, in which a student agrees to pay a fixed percentage of his or her future earned income for a fixed period of time in exchange for college funding, the wave of the future?

Please be our guest at our upcoming policy luncheon, which features a presentation by the director of the Purdue University Research Center in Economics (PURCE) on income share agreements; a catered lunch; networking; and a short Q&A session.

Please join us for our next monthly Economic Policy Luncheon:

Thursday, January 23, 2020

11:30 a.m.
Krannert School of Management’s Rawls Hall
3rd Floor Commons
100 South Grant Street
West Lafayette, Indiana

Dr. Kevin Mumford is an Associate Professor of Economics at the Krannert School of Management and is the Kozuch Director of PURCE. He has used Purdue administrative and survey data to analyze student selection into the ISA program, and has presented his research findings at academic conferences and to university decision makers.

Please RSVP by January 20 by filling in and submitting this short form: http://attend.com/PURCEJan2020

Reach out to us with questions: purce@purdue.edu and (765) 494-3782.

Parking is available in the nearby Grant Street parking garage, and we have a parking pass for you.

We look forward to welcoming you to this PURCE Economic Policy Luncheon on January 23.

Visit krannert.purdue.edu/centers/purce to learn more about our economics center.