An income participation agreement (or ISA) is a financial structure in which a person or organization makes available to a beneficiary a value (often a fixed amount of money) who, in return, agrees to repay a percentage of their income for a fixed number of years. Rhetoric and headlines often suggest that income-equity agreements are an important part of the solution to the skyrocketing amounts of student debt. But organizations that make ISA a reality on the ground for university students may be more cautious with the new model. So far, there are no documented cases of discrimination based on race or gender with ISAs, but some fear that if the ESAs become a more popular model, the potential for discrimination could increase. .