Author: Ethan Pollock, opinion contributor

Income share agreements are growing up — and not a moment too soon

This week, Sens. Todd Young (R-Ind.), Mark Warner (D-Va.), Chris Coons (D-Del.), Marco Rubio (R-Fla.) introduced legislation that would explicitly apply existing federal consumer credit protections to income share agreements (ISAs) while also creating important protections unique to the financing tool. The new legislation comes just four months after the U.S. Department of Education weighed in on…