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by mhaymo
2014 days ago
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Different in important ways. There is no risk of ruin from an ISA: if you aren't earning you don't have to pay. The idea is also that this aligns the school's incentives with the student's: if the student doesn't prosper, the school doesn't get paid. |
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The max you will have to pay is 10% of your discretionary income (10% of income above 1.5x the poverty level).