Universities have tried something like this for tuition. See these mentions from Alex Tabarrok. They have some trouble with people defaulting.
Interesting.
My intuition is that this would work better without a bureaucratic intermediary administering it.
Universities have tried something like this for tuition. See these mentions from Alex Tabarrok. They have some trouble with people defaulting.
Interesting.
My intuition is that this would work better without a bureaucratic intermediary administering it.