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How to Build an Income Sharing Agreement Product

moderntreasury.com

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Re: How to Build an Income Sharing Agreement Product

#71

It used to be society wanted people to have an education and that people with degrees would get higher paying jobs which resulted in a net benefit to society through higher taxes. Now education is just looked at as a way to in debt young people for the rest of their lives. Because 1M people default on their student loans every year and the bubble is on the verge of popping, the parasites are looking to own 10% of eve…

At first you mention how higher education doesn't get you a good job anymore, but then you mention support for a candidate who will make college free. Don't you see the contradiction here? The reason college graduates have difficulty finding good jobs compared to the past is because so many people have a degree. Even if you forgive all of the student loans and make college free, people still won't find jobs based on…

>Even if you forgive all of the student loans and make college free, people still won't find jobs based on college.

Having educated unemployed people is bad yes, but its an infinite improvement on millions of educated unemployed people saddled with debt they will never in their life times be able to pay off.

Re: How to Build an Income Sharing Agreement Product

#72

Earlier quoted context omitted.

That’s still better than the present, where college still doesn’t really get you anywhere, except in a mountain of debt.

But if that's truly the case then shouldn't people not go to college? If there aren't enough benefits then people should be able to realize that, no?

a Job isn't the only benefit of an education...an education is a benefit in and of itself. Society benefits from having an educated public. Society does not benefit from being in debt.

Your logic is as follows: if college degree doesn't get a job, then don't go to college.

Your logic breaks down because not going to college isn't going to get you a job either.

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