Or setup a contracting corporation, accumulate your consulting income in the corporation. Have a home office. Pay yourself as little as possible to cover living expenses during the 5 year period and accumulate all the capital in your corporation. Pay your 10% on that small amount. Cash out the corporation afterwards, possibly over several years to lower tax burden.
I have a feeling that would be a breach of contract due to fraud. I also think that since you were able to come up with it, other smart people would be, too, and some of them would be people drafting these income share agreements.
Usually these financial engineering schemes gloss over obvious defects and stick the investor with the risk.
The whole reason that student loans are non-dischargeable is that medical students would become doctors, then leave the country for enough time for
debt to go away.
Sure it's vaguely does but most fields people would go into for college degrees don't generally do work undocumented. Also the loan company has an opposite incentive to track down anyone doing that and unlike the IRS they're not hamstrung by Congressional attempts to bleed them dry.
Undocumented doesn’t mean washing dishes for cash.
Your spouse sets up an LLC, which employs you at minimum wage to be a contract worker or consultant. This already happens in government contracting where small companies have a leg up of they are female, minority, or veteran owned.
That's documented though and since the ISA client is working well below the prevailing wage the ISA originator could take them to court/arbitration and prove they're acting fraudulently absent any explanation of why they're working for so much less than they should be.