What an incredibly horrendous idea. Increases in student debt are the result of students making bad decisions about the schools they attend. Students are enabled by the federal government that created and supports student loan programs that allow these young kids to qualify for insane loan amounts.
A better solution would be to restructure the current student loan programs such that student debt load is capped at some reasonable level. The effect would be that students would be forced to make more rational choices about the schools they decide to attend and how they pay for their education. The education market would respond accordingly as more money flows into community colleges, state schools, and other lower cost education options. Costs would go down.
"Free" college education supported by general taxation or more targeted taxation would have the undesirable effect of disconnecting personal spending choices from personal spending consequences. The result: market distortion that pushes costs up at increasingly unsustainable rates and second order pressure for education rationing by the federal government.
''' Rob found himself resenting the inordinate amount time it takes to fry an egg in the morning and decided something had to be done. Simplifying food as "nutrients required by the body to function" (which sounds totally bulimic, I know, but I promise it's not), Rob has come up with an odourless, beige cocktail that he calls Soylent. '''
I can relate. I also resent the the inordinate amount of time is takes to bathe every day, pick out something to wear, or talk to a girl. Over a 20 year period, the average time a strong and virile young man like myself and Rob are at their mental and physical peak, eliminating egg frying and all these other hassles can liberate up to five years worth of extra time for more worthy pursuits such as playing D&D. Toss in the benefits have making some serious bucks and getting to drink a beige, odorless yet tasty beverage twelve times per day, well...damn. Sign my ass
You agree to keep confidential at all times all matters relating to this Agreement, including, without limitation, the Promotional Requirements, and the CPM Compensation, listed above. You understand that You may not post a copy of this Agreement or any terms thereof online or share them with any third party (other than a legal or financial representative). You agree that You have read the Nondisclosure Agreement (attached hereto and marked as Exhibit “A”) and You understand and agree to all of terms of the Nondisclosure Agreement, which is incorporated as part of this Agreement.
The sketchy bit for me is that Machinima bills itself as "Machinima is the dominant video entertainment network for young males around the world. " Doesn't seem to clearly state that it is, perhaps, a promotional entity as well.
I have a very small mind and must live with it. -- E. Dijkstra