So I’m sitting here doing my PreCalc homework and I’m thinking that I really don’t give a shit about any of this and that none of it is relevant to what I want to do in the future.
I’m going to spend 2 more years in high school doing busy work, then go off to college, and only then can I begin saving up money to do what I want, which is to start a business, while paying bills.
I have an idea:
High schoolers should be able to apply for a government loan. This is a crude idea, but let’s say that a high schooler can take a test proving their IQ above say 140 and then pass a difficult series of tests on business and entrepreneurship.
They must then write up a business plan of what they intend to do and how they intend to make a profit.
The government would then loan the student say, $100k. The teenager that knows more about the business world than most adults may then put their business plan into action.
Four years later, the loaner must then repay the government at a high interest rate, say, 20%, taking inflation into account.
So, say the current dollar is worth only 90% of what it was when the loan was made and the loaner must repay $100k at 20% interest, then they must repay $132,000.
So, the young adult avoided wasting years of their lives and got a head start on their enterprise. They must still attend school, as the law dictates, but they now have financial aid for a business.
Of coarse, a contract would be signed and the teen would meet with a government representative stationed near them as the amounts of money loaned out will not be small.
Now, why would the government want to do this?
As you know, we are in a massive debt and inflation is rampant. In four years, the government has just made a 20% profit over their original loan with inflation taken out of the equation.
Another business is blooming, helping the economy.