[koopuluri]

i’m a bit confused by the “new form of debt” framing. debt means you owe something back, on a fixed schedule, regardless of outcome. here, there’s no obligation to pay anything “back.” if a student never creates financial upside, they never owe a cent.

the teacher takes the risk. if the student succeeds, both share in the upside. if not, the student walks away free, unlike debt, where you’re burdened for life whether or not the education worked.

where is the debt in this model?