However, some consumer advocates argue that the rules applicable to financial products already apply to income-participation agreements. And Democrats, including Massachusetts Senator Elizabeth Warren, have warned that financial instruments present common pitfalls for private student credit with « additional risk of misleading rhetoric and marketing. » In recent years, revenue-sharing agreements (ISAs) have attracted the attention of coding camps and a few two- and four-year-old colleges. As described in the previous analysis, ISA loans offer a student a set amount of « principal » to pay tuition fees, but set the terms of repayment of the loan, including based on the student`s future income level, including minimum income rates and payment limits. As a result, the actual costs for student borrowers using this private debt product vary widely in terms of conditions and are structured in such a way that there are concerns about the potential of predatory actors, triggering the need to enforce consumer protection. . . .