> The schools which made someone capable of getting a high paying job does not get anything in return.
as it should be - the school should not be able to capture the output of its students, while at the same time, getting "free" funding. If the school would capture some of the output of the students in the future (aka, the successful ones), then the school would need to invest in the students via equity (aka, pay the students while they're being taught!).
The school _could_ get reputational reward for producing great students. That's about as far as a return a school can get.
as it should be - the school should not be able to capture the output of its students, while at the same time, getting "free" funding. If the school would capture some of the output of the students in the future (aka, the successful ones), then the school would need to invest in the students via equity (aka, pay the students while they're being taught!).
The school _could_ get reputational reward for producing great students. That's about as far as a return a school can get.