people shit on this because they're boring but to the extent colleges are about career prep this seems likely to correctly align incentives in the face of information asymmetryhttps://twitter.com/MarkAmesExiled/status/1020350417350389762 …
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wish I had thought to save that "percent of the USG's assets" thing that showed the hugeness of student loans in it.
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dont forget to account for the implicit value of "ability to seize whatever fucking assets they want within US borders with impunity"
End of conversation
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