They mention debt as student loans, but this is misleading. "Free" college means massive subsidy 4 future rich ppl!https://twitter.com/St_Rev/status/673643113370529792 …
@chotiari In practice the system is predatory on dumb kids like me. Offloads all risk onto young people with little resources or experience.
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@chotiari That is, *in the mean* it's a huge subsidy to the successful, but also it's a huge *risk multiplier*--failures are much worse off.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@chotiari So it makes BOTH aspects of the distribution much worse.Thanks. Twitter will use this to make your timeline better. UndoUndo
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. Banned in Sweden. SubGenius, Zhuangist, white-hat troll. Defrocked mathematician. Brain problems.