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If there is no expectation of future income or employment, and no collateral since you don't have any. Then who would lend you the money?

I don't think anyone is stopping the private sector from extending "student loans" if they were such a good business.

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Of course, there would be an expectation for loan repayment (most likely from employment somewhere). Is any unsecured/uncollateralized loan indentured servitude for you then?

If what you're imagining is a zero equity zero income dischargable unsecured consumer loan to 18 year olds, then nobody is going to provide that loan.

So company A pays for your education to go work for company B (their competitor) and all they get is a lousy interest rate with no security? If they don’t get ten years (or whatever amount) of your output, why waste the time and energy when someone else will do it for them?

Lending is a business in itself, no?

Sure. Maybe in the future we can just add a years tuition to the Apple Card when buying the Macbook for college.

Why not make education free(ish) then?

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