TIL: US Bail system is a bond. I.e One has to pay that money to get out of jail before trial. If they skip trial, they don’t get the money back, otherwise they

TIL: US Bail system is a bond. I.e One has to pay that money to get out of jail before trial. If they skip trial, they don’t get the money back, otherwise they do. Then there are Proffesional Bail Agents. https://www.allcitybailbonds.com/bail-calculator https://www.allcitybailbonds.com/bail-calculator . They charge 10% of bail bond as a fee. Bail agents will pay the bond and recover the money when the person shows up at trial. So this has the same effect as college loans. Colleges keep on amping up their fees, since students don’t fully understand how loans work. Or how healthcare keeps on getting expensive YoY.