TheRealMafoo on 27 March 2009
| SciFiBoy said: so, your solution is to dump anyone born into a poorer family with over 100k in debt? just what every parent wants for there child, lots of debt from day 1 of there working life |
You would pay it back at whatever rate we pay for education now.
If that's 7%, I am paying (and every one in the US) that rate for life. I never get to stop paying it.
With this system, you only pay what you would have paid anyway, but you get to stop once your burden is paid off.
Also, with a world class education, the kids of poor parents won't be poor. It's like sending them to the best private school in the country, with no downside.
