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A comment on Income-sharing agreements let students trade future earnings for investment. Parent comment

Re:Income-sharing agreements let students trade future earni... by harryh on Wednesday April 10, 2019 @12:49PM (#19626511)
Student loans were much much smaller in the era you refer to (before 1976 when the law was changed). Behavior would be much different today with the much larger debts people take on.
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Re:Income-sharing agreements let students trade future earni... by daniel-cussen on Wednesday April 10, 2019 @01:04PM (#19626648)
Tuition was much much smaller in that era too.
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Re:Income-sharing agreements let students trade future earni... by harryh on Wednesday April 10, 2019 @01:10PM (#19626720)
If the point you are trying to make is:

  1) loans should be dischargeable via bankruptcy so that
  2) lenders refuse to make such large loans so that
  3) tuitions are forced down
Then I think that's a perfectly fine point of view (as I already said above). It's just important to be clear about it and not simply say that loans should be dischargeable with the expectation that everything else will stay more-or-less the same.

Making this change would have an enormous impact on how higher education in the US functions.

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Re:Income-sharing agreements let students trade future earni... by dsfyu404ed on Wednesday April 10, 2019 @02:03PM (#19627230)
Because it wasn't being inflated by billions of dollars of non-dischargable loans.
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