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A comment on Buyer's Remorse: High Debt and Low Pay Leave Some College Grads Rueful. Parent comment

Re:Buyer's Remorse: High Debt and Low Pay Leave Some College... by __MatrixMan__ on Wednesday May 29, 2019 @04:02PM (#20044711)
> 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.

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Re:Buyer's Remorse: High Debt and Low Pay Leave Some College... by thaumasiotes on Wednesday May 29, 2019 @05:33PM (#20045757)
> 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".

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Re:Buyer's Remorse: High Debt and Low Pay Leave Some College... by SmoothHacker on Wednesday May 29, 2019 @04:08PM (#20044781)
Actually 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.
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Re:Buyer's Remorse: High Debt and Low Pay Leave Some College... by Forbo on Wednesday May 29, 2019 @11:17PM (#20048052)
Not 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/

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