So, what is an appropriate amount of cash to have on hand for bail for this sort of thing? (Asking for a friend.)

I recall a podcast I listened to years ago talking about some schools trying out a new model that worked something like…

Instead of taking out a loan, you just enter into a contract with the school that x% of your paycheck for the first z years after graduation go to the school. Kinda like child support.

Get an unemployable degree and now your making burgers for minimum wage? Then you don’t owe anything.

Get an amazing job that pays a ton? That degree is going to cost you.

Now it’s in the school’s best interest to A) offer degrees that are actually worth something instead of misleading students down a dead end path, and B) help students find and keep good positions after graduation.

It sounded awesome. But what I found infuriating were the people they interviewed that benefitted from the program, now had fantastic high salary jobs, and were whining about how much they were having to pay for the education and program that got them into that high paying job in the first place.