3 ms·
> We've also insulated everyone but the student from the consequences of the decision I've never thought of it this way. I wonder if in a future with more fle
by __MatrixMan__ 7y ago
> We've also insulated everyone but the student from the consequences of the decision
I've never thought of it this way.
I wonder if in a future with more flexible financial systems (smart contracts, etc.) maybe we could pay with college via a percentage of future earnings for a fixed time.
So if you graduate with a doctorate then you owe 10% for 5 years, but a master's is 8% for 3. Or something.
- SmoothHacker 7y agoActually Purdue University is trying to implement a system like that. The University President went on Freakonomics Radio and he discussed a bit about how his school is implementing that very program.
- Forbo 7y agoNot sure why your comment was dead, so I vouched for it and decided to include a link to back up your statement. http://freakonomics.com/podcast/student-debt/ http://freakonomics.com/podcast/student-debt/
- thaumasiotes 7y ago> I wonder if in a future with more flexible financial systems (smart contracts, etc.) maybe we could pay with college via a percentage of future earnings for a fixed time. I always find it curious how so many people are eager to advocate literally selling yourself into slavery for a college education, while being so outspoken against the word "slavery".