No, student loans are not slavery for two reasons. First, the borrower agreed and signed a contract. Second, the debt owner is the one calling it due.
This is substantially different than expecting control on how debt free doctors or engineers spend their time or what jobs they work.
The crux of this is that externalty price analysis is only useful when bounded by real harms and property rights. Otherwise, anyone can call anything they dont like an externality: If my employee quits for a better job- Externality! If a woman wants to go home to their family instead of having sex with me - Externality!
I believe that’s how it is in some places. In others, there’s no obligation after receiving a subsidized education, and this would be a way to fix that. I doubt many people would propose or defend a system where graduates are required to work for the state or go to prison.
Its certainly possible. There have many governments that claimed to own a citizens time, with just that effect. If people chose to work less, they were sentenced to gulags or death.
I was recently reading about the poet Joseph Brodsky's trial for sicial parisitism in the Krushchev era.
They committed the crime of unauthorized use of personal time to right poetry.
This is substantially different than expecting control on how debt free doctors or engineers spend their time or what jobs they work.
The crux of this is that externalty price analysis is only useful when bounded by real harms and property rights. Otherwise, anyone can call anything they dont like an externality: If my employee quits for a better job- Externality! If a woman wants to go home to their family instead of having sex with me - Externality!