Why stop at lambda school? Tokenize student loans into collateralized income sharing agreements. Package those into securities and sell them to school endowments. Bring free market model to higher education. Schools invested in student’s earning potential.
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Replying to @max_bronstein @prestonjbyrne
Student loans are already securitized and sold every day. Just with the small caveat that they're backed by the fed government, not tied to student outcomes, and unbankruptable.
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Replying to @AustenAllred @prestonjbyrne
Totally. Is there a way that blockchain can usher in Milton Friedman’s idea of human equity? ISA’s are a bit ethically hairy, but maybe increased liquidity could help get institutions on board. Thematically speaking - student debt issue needs to be tackled.
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Replying to @max_bronstein @prestonjbyrne
It's already happening. A real market is forming, though not on the blockchain
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Replying to @AustenAllred @prestonjbyrne
Who is doing it with undergraduates?
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Replying to @max_bronstein @prestonjbyrne
No comment
5:49 PM - 29 Mar 2018
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