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by rdtwo 1288 days ago
I guess I’ll take that why shouldn’t you have skin in the game even if it’s a small 2 k loan per year with deferred payments?
1 comments

What’s the point of that?

What we’re talking about is discouraging people from growing their skills and contributing to society.

I can’t say why that makes sense to other people. I suppose one assumption where asking individuals to pay some minimum amount would make sense is that education is perceived as a privilege that specifically benefits individuals, so individuals should not receive such benefits for free.

However, corporations require bachelors degrees for professional positions. Therefore having employees with bachelors degrees must also benefit them in some ways as well. However they would not be the ones taking out loans, risking dropping out and still needing to pay those loans, nor risking defaulting on those loans. However they will receive a pool of self trained employees for them to pick from to fill their ranks at their convenience.

We’d be shifting risk from institutions onto individuals. I don’t see a positive impact emerging from that.

> What we’re talking about is discouraging people from growing their skills and contributing to society.

We're talking about discouraging people from taking three or four years off on society's dime that won't contribute anything to society. A degree like that certainly seem plausible, and the individual is probably in a position to spot cases that higher-level oversight might miss.

> However, corporations require bachelors degrees for professional positions. Therefore having employees with bachelors degrees must also benefit them in some ways as well. However they would not be the ones taking out loans, risking dropping out and still needing to pay those loans, nor risking defaulting on those loans. However they will receive a pool of self trained employees for them to pick from to fill their ranks at their convenience.

Sure, and those corporations share in the tax burden that supports people in getting degrees.