3 ms·

This whole idea of taxing future earnings is like one step away from indentured servitude.

• h4b4n3r0 8y ago
  But you're in indentured servitude either way, except it's debt servitude, and there's no accountability on the part of the college for teaching you anything that's actually useful. Under the proposed setup, the college is directly incentivized for maximizing your earning potential. I like that a lot. Think of it as a tax that you'd pay in e.g. Germany anyway in order to get "free" education, except the amount you pay directly depends on the quality of education and people who chose to get vocational degrees don't have to pay for you. The whole thing entirely bypasses the government, so that's at least 30% savings right there.