4 ms·
Would they be able to put a clause in the employment contract to trade X number of years for $X amount of education? I know the US government offers college sch
by lj3 10y ago
Would they be able to put a clause in the employment contract to trade X number of years for $X amount of education? I know the US government offers college scholarships that have similar terms, but I don't know if private industry would be able to enforce something like that.
- erichocean 10y agoTo the best of my knowledge, what you're describing is called a "debt slave", and it's illegal in the United States. Here's Wikipedia on the topic: https://en.wikipedia.org/wiki/Debt_bondage https://en.wikipedia.org/wiki/Debt_bondage
- Thimothy 10y agoDon't be silly, it's a common practice in some industries for a company to pay some expensive course in exchange for X (usually 2) years of work (paid, very well). You can leave whenever you want, you just have to pay back the course. I had a friend working for Airbus who just did that, the company he moved to offered to pay him back the cost of the bailing out. Though all the times I have seen this happening was for very specialised and well paid work, when the workers have quite a lot of leverage. It's not hard to imagine this becoming really bad if the worker does not have any leverage.
- erichocean 10y ago> You can leave whenever you want, you just have to pay back the course. That's not the definition of a debt slave, because you're not paying back with work, you're paying back with money. In that scenario, the business is just a loan provider. Obviously, anyone can loan anyone else money for whatever reason.