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Sunday, January 29, 2012

debt-financed kindergarten

Should primary education be financed the same way that we finance college?  College finance is nowhere near a privatized free-market because the government guarantees and subsidizes the loans, but compared to the socialism of kindergarten, college is much more free-market.  Do some NPV calculations to try to assess the value of K-12 education.  And do some calculations to see what the debt burden would be for kids graduating from high school with a debt-financed education.

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