There’s something creepy about My
- Cory Doctorow
- Uncategorized
- Apr 30, 2001
There’s something creepy about My Rich Uncle. Instead of providing kids with crippling student loans, they make “investments” in students, in return for which, said students are expected to pay a royalty on their post-college earnings for a decade or more. Does this strike you as a form of indentured servitude? Four years of Ivy League school at $20k per means you give MRU up to 40% of your income for the next fifteen years. Link (via Metafilter)