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re: Human IPO: Man Sells Himself for $10,000
Posted on 4/17/13 at 3:07 pm to ZereauxSum
Posted on 4/17/13 at 3:07 pm to ZereauxSum
1) This is effectively what student loans are, except the gov't has totally messed up the actuarial part of student loans.
2) Yale did this one year. No tuition; just pay us 1% (or something) of your salary after you hit age 30. Problem is, it was voluntary, and the people who opted in were the people who weren't looking to make bank anyway, so there was a self-selection problem.
Here is an old article on it; I know there have been more recent follow ups
LINK
2) Yale did this one year. No tuition; just pay us 1% (or something) of your salary after you hit age 30. Problem is, it was voluntary, and the people who opted in were the people who weren't looking to make bank anyway, so there was a self-selection problem.
Here is an old article on it; I know there have been more recent follow ups
LINK
Posted on 4/17/13 at 3:54 pm to Cold Cous Cous
quote:
This is effectively what student loans
I don't see how. It's equity versus debt.
quote:
Yale did this one year. No tuition; just pay us 1% (or something) of your salary after you hit age 30
Ill have to read the article when I get home But I think the problem is that Yale gave all of the students the same amount of money regardless of earning potential.
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