Christie also mentioned income share agreements, which allow students to essentially issue stock in themselves. It allows people to invest in college students, or to “own human capital contracts,” which means that an investor could pay a portion of the student’s tuition to attend college in exchange for that student giving the investor a certain percentage of their income for so many years.
There are so many things to say about this speech:
Christie said students shouldn’t expect to receive a degree that will significantly improve their earnings for nothing...
Because that would be wrong! Because investing in the education of our citizens would be downright un-American!
No, Chris Christie wants it to work just like politics. You line up your billionaire patrons, they fund your ambitious plans, and in return, they get... well, we already know what they get. Tax cuts, tax cuts, tax cuts!
Sorry, Chris. We ain't buying.