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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A private contract taking a cut of income creates the same incentive problems as income tax, so reusing the tax infrastructure (collections, deduction rules, loophole closing...) would probably be efficient. It's a niche the govt is actually competitive in!
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