Hacker News new | ask | show | jobs
by RandomLensman 17 days ago
Of course, there would be an expectation for loan repayment (most likely from employment somewhere). Is any unsecured/uncollateralized loan indentured servitude for you then?
2 comments

If what you're imagining is a zero equity zero income dischargable unsecured consumer loan to 18 year olds, then nobody is going to provide that loan.
So company A pays for your education to go work for company B (their competitor) and all they get is a lousy interest rate with no security? If they don’t get ten years (or whatever amount) of your output, why waste the time and energy when someone else will do it for them?
Lending is a business in itself, no?
Sure. Maybe in the future we can just add a years tuition to the Apple Card when buying the Macbook for college.
Why not make education free(ish) then?