From f7973dc8c5bad423e45f323c962df68ede2e8371 Mon Sep 17 00:00:00 2001
From: wellspringcp <69349872+wellspringcp@users.noreply.github.com>
Date: Wed, 26 Jan 2022 21:08:49 +1100
Subject: [PATCH] Update 12-01-child-education-income-lien.md

---
 12-safety-net/12-01-child-education-income-lien.md | 11 +++++++++++
 1 file changed, 11 insertions(+)

diff --git a/12-safety-net/12-01-child-education-income-lien.md b/12-safety-net/12-01-child-education-income-lien.md
index e2ab030..2e1df69 100644
--- a/12-safety-net/12-01-child-education-income-lien.md
+++ b/12-safety-net/12-01-child-education-income-lien.md
@@ -11,3 +11,14 @@ All interest payments on the debt instrument are chargeable directly to the gove
 
 ## Vouchers for schooling:
 
+* Schooling can be very expensive sort of? But 
+* These loans are gong to people who are unlikely to pay them off.
+* The banks will just charge the state enough to cover both the principal and the interest rate (we're okay with this, because the disincentive remains priced onto the parent).
+
+* The bank can try to just give out extremely liberal loans to attempt to cover their own expenses.
+* This program may end up causing poor people to get better schools than people who pay for schooling out of pocket -- there needs to be a mechanism for somehow limiting the amount that can be borrowed on the line of credit.
+* Manage the schools' ability to "overcharge"
+
+Consider:
+* Preparatory schools - focused on training children for a specific profession - the institution can garnish wages.
+* Consider incentivizing internships and apprenticeships.