It is effectively. The govt (and society) recovers value through taxes which is a % earnings forever.https://twitter.com/vgr/status/722090838356992000 …
@jsfour there have been experiments along those lines, but I don't think they've been any good...Lots more experiments need to be tried out.
-
-
@vgr I'm fairly certain that the argument for student debt (initially) was that an educated workforce created more wealth (thus taxes) -
@jsfour that's always been true. Delusions start where expectations of risk-free returns exist. One risk scenario just got real ~early 1990s
End of conversation
New conversation -
-
-
@vgr the problem isn't the student loans, it's the schools and society's obsession with secondary education. Bring back apprenticeships.Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.