People as investments?

[brettster55]

Wouldn’t it be easy for corruption to exist in human investing? More so than typical stocks and bonds.

[Damuri_Ajashi]

@iamthewalrus_3

Good thing he wasn’t a math or economics professor. US public education spending is already 5+% of GDP (that’s not even counting private universities), and teachers are not millionaires. I find it hard to believe that we could somehow spend a smaller percentage of our national earnings and end up with wealthier teachers to boot.

This is like those flat tax proposals that claim we can all pay just 7% in taxes and get a higher level of government services (apparently by magic). Average college tuition to a private college is $100k+. Even if we assume that every dime goes directly to teacher’s salaries, for the 3% figure, that would have to mean that the average lifetime earning of someone with a bachelor’s degree is $3 million+ (in real dollars), which it isn’t.

He wasn’t talking about a method of funding all education. Just him. The stats for law school might be a bit different both in average lifetime earnings of the students and how many students a professor teaches per year compared to what you might get at the average elementary school.

[brickbacon]

So Arian Foster, the first athlete “acquired” by Fantex, is now on IR and is scheduled to have season-ending back surgery. Additionally, the second player they signed, Vernon Davis, was concussed today. Probably not a good idea to invest in football players.