Comment by carlosjobim

Bank could lend out money to students, with the future college degree as security. After graduation, the student either gets a job that requires that degree, or licenses that degree to another person or to an institution which collects degrees and licenses them on one or several degree licensing marketplaces. Most would use these third-party re-licensers to simplify the paperwork. For example when a company needs to license a degree for a temporary project of just a few months, or when a degree holder takes leave from their own job for let's say three months. Then she can have some income from renting out her degree during that time.

I'm sure you've already thought about the problem of students who have mortgaged their future degree, but do not graduate for some reason. What happens to the money the bank has invested? This problem is mitigated and solved by packing these degree mortgages into Credit default swaps to hedge the risk. Since most students will graduate and be a return on the investment, we will pack all degree mortgages into investment funds, and offer them on the international financial markets, with sophisticated leverage tools. So, investors will not feel the pain if 1 out of 10 students do not finish their degrees, that will be very much offset by those who do - especially when leverage is used.

This is how we solve social and environmental issues, make education affordable to everybody, create a great investment boom, and make the younger generations stakeholders in the economy. Smart parents would take advantage of degree mortgages for very low monthly rates if they sign them for their child already during pregnancy, meaning they could even be paid off before graduation. That's a good start in life!