- Americans owe $1.5 trillion in student loan debt, and the problem isn’t going away as tuition rates climb and the demand for college degrees remains high.
- James Altucher, a tech investor and self-help guru, says young people should consider letting wealthy individuals or organizations invest in their future for a percentage of their future earnings. This way they could pay off their loans.
- The idea has ignited criticism over the years from people who say “human capital contracts” are a modern form of identured servitude, or slavery.
- We asked Altucher why he thinks this idea could fix the student debt problem.
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Source:: BusinessInsider.Com
