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Why not just let the market do what it wants? That’s how we got Lamda School in the first place. That way there could be income-sharing schools like Lamda Schoo
by simplecomplex 8y ago
Why not just let the market do what it wants? That’s how we got Lamda School in the first place. That way there could be income-sharing schools like Lamda School for trades that make financial sense. For degrees that don’t make financial sense, students could pay for them upfront, as many already do.
The government never had to be involved with financing higher education to begin with.
- twblalock 8y ago> The government never had to be involved with financing higher education to begin with. The government needed to become involved to make education affordable to students without wealthy parents. If the market was going to take care of that by itself, it would have happened before the government got involved.
- simplecomplex 8y agoAffordability has gotten worse since the government started giving loans. The non-wealthy students still have to pay their tuition. I think you might mean accessibility. Government loans do expand access, but so does the private income sharing model. There are market-based ways to serve the poor education, and arguably where it does it’s more affordable, and incentivized to lift them out of poverty.