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.
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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.