tag:blogger.com,1999:blog-31670799.post5886273101790188505..comments2023-11-02T09:44:15.693-04:00Comments on The Center for College Affordability and Productivity: Student Financial-Aid Reform: It's All in a FootnoteCenter for College Affordability and Productivityhttp://www.blogger.com/profile/18041956958538598371noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-31670799.post-17571403485167661882010-11-24T15:01:23.076-05:002010-11-24T15:01:23.076-05:00I think the indentured servant arrangement of a fe...I think the indentured servant arrangement of a few centuries ago represented a degree of servitude, and possibly a view of human nature, that would not be viable today in reinstating.Saying that however, what is being proposed here about restructuring financial aid should be explored and pilot programs developed to test it. Students paying back from the income they earn after graduating from college for the equity those investors put in their education sounds to me like a responsible approach in which everyone benefits. I am sure there will be challenges in implementing such a system, but pilot programs can work these challenges out. Ultimately I do not believe that such a financial aid system should be a large part of financial aid, but should have a place in financial aid and would probably stimulate other innovations in financial aid. It is the matter of finding those institutions willingly to take on pilot programs to make it a workable approach.Milindhttps://www.blogger.com/profile/00132584312790744341noreply@blogger.comtag:blogger.com,1999:blog-31670799.post-9512171106458898482010-06-28T14:20:40.967-04:002010-06-28T14:20:40.967-04:00One big problem with contracting for a portion of ...One big problem with contracting for a portion of someone's income is that it disincentivizing working. If you have to pay 10% of your income to someone that will have the same supply-side effect as a 10% marginal tax hike.Stevehttps://www.blogger.com/profile/10230344931186858123noreply@blogger.com