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Daniels hopes to expand Back a Boiler availability

Purdue President Mitch Daniels is reaching out to Congress for help. He's hoping they'll work to expand income-share agreement programs.

Posted: Oct. 27, 2017 4:29 PM
Updated: Oct. 27, 2017 4:29 PM

WEST LAFAYETTE, Ind. (WLFI) — Purdue President Mitch Daniels is reaching out to Congress for help. He's hoping they'll work to expand income-share agreement programs.

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Daniels recently sent a letter to congressional leaders. He wants them to include legislative language that would make ISA's such as Back a Boiler available to more students.

Back a Boiler gives students a financial alternative to traditional student loans. The program allows students to pay back the money after they graduate.

The program launched for juniors and seniors last year at Purdue. The research foundation expanded it this year to include sophomores.

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