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Sustainability_(and_feedback,incentive,mechanism) : an honorship

This post is published on 2020-02-12.

The first thing that I considered for the said social organization (and the said special zone that the organization could establish) is sustainability. Because I wish this social organization will start from a zone to sustain and grow for many years, and wherever this organization is established, it surely will contribute to this whole world.

I’d like to give an example for education below. 

Most agrees that the investment in education is the best investment for future, but you can see the return of the investment in education only from a social or family perspective. There is no direct financial feedback or incentive and no mechanism for the provider of the education loan or scholarship to promote the education system to take good care of every student.

So I imagine a plan for the said social organization, that the said social organization may establish the education system (from preschool to college, including chartered school) in the said zone and provide a special loan to every student. The repayment amount of the special loan is determined according to the student’s future income level: 1) in future a student need to repay the loan only when the student has an income which can guarantee normal life while repaying the loan, 2) the repay amount of the loan is determined according to the student’s future income level, where an income which is much higher than standard level needs to repay more (than the loan itself) in a regressive rate. 

This special loan may be not an investment exactly because it will not achieve profit or even a balance of income, but this special loan can contribute greatly to the financial sustainability of the organization’s education system comparing to the pure scholarship. And also this special loan can provide a financial incentive or feedback and a mechanism to the organization and its education system to simulate them to produce students with higher expected income in the future comparing to a normal loan, although the future income is not the only or even not the most important standard to evaluate a student’s future but it’s almost the only practicable standard.

Of course this special loan requires a big investment in the beginning just as the said organization and its special zone themselves. Yes, the said organization (and its special zone) is an expensive modern religion and a crazy idea which can be realized only on a solid financial basis but it may also generate an incredible future and return for those who invest in it (or more precisely donate to it).

This special loan may have some other meanings. The education cost of next generation should be more of the responsibility of the society other than the parents or family. Of course the best future may be that no one needs to pay any cost of education, but we have to live to the reality we have here which is based on financial basis and development level (spiritual and physical). When we talk about education, we expect not only the student without premature pregnancy or premature parent, drug-using, crime-committing & other bad things, but also the student well educated as much as the society can do and can afford, healthy both physically and mentally (for example, every student deserve a good physical state not only those athletes), which can prepare the student for a good future. So we need a mechanism and a feedback or incentive to push the system to do so.

PS(20200221): For this special loan is not scholarship or investment or loan exactly, I’d like to name it as Honorship. AHA!

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