Bill targeting income-share agreements reintroduced

Image:  A bipartisan bill introduced last week would add new guardrails around income-share agreements, a student aid alternative that, until recently, had limited federal oversight. ISA lenders and consumer advocates alike have been calling for clarification on the legal rules they must follow since the Education Department clarified in March that ISAs are considered private student loans. The announcement from the department subjected ISAs to the same set of consumer protection laws...