Mitch Daniels, the former governor of Indiana and current president of Purdue University speaks about his transition from state government to college administrator and the work he has done with higher education innovations such as online education and Income Share Agreements (ISAs), which allow students to pay back a percentage of their income for a fixed number of years.
Daniels elaborates, “I think it [ISAs] can be a very useful complement, not a substitute, but a complement to the other forms of student financing that are out there, so I hope that will happen, so we have encouraged and worked with people in both parties. By the way, when I first started talking about it, what really caught my attention was that it was one of the few ideas out there in any public policy space where I was finding people from left and right ruminating about it. That was kind of appealing to me.”