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Update 12-01-child-education-income-lien.md

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@@ -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.