actually my friend and i are applying this summer batch of yc with an alternative to student debt financing of university... student equity.. from the student side it helps in 2 ways 1. taxes high income earners more, low income earners less (remember when you start uni you don't know for sure which group you will be in) 2. allows you to transfer future income from your middle-age when your income is higher to when you have just graduated (and income is lower)..

debt in comparison punishes procrastination of payment with interest payments.. it would be great to get your feedback if you have teh chance.. we've posted our draft of our yc application here https://news.ycombinator.com/item?id=9224487 thanks!