7/ The conceit of neoliberalism is that 19-year-olds can place error-free 40-year bets and deserve only debt-funding, bearing all the risk
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8/ The conceit of progressivism is that education choices are human-dignity affirmations for which societies should shoulder all risk
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9/ What when this thing melts down? Neoliberals will want the banks bailed out and the debtors abandoned. Progressives will want a jubilee.
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10/ Post-secondary education should be managed as equity rather than debt, with risk distributed across individuals, institutions, society
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This would require a profound reduction in self confidence levels for many 19 year olds.
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If you think you're going to be rich & successful in the future you're much better off taking on debt than selling equity.
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Yes, the gov't owns equity in all citizens. And really, given progressive tax rates, enhanced equity.
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legal side is the fundamental side! Consequences under worst cases define any system of corporatization of the natural..
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