I'm curious to hear other's thoughts on they think would be useful.
Please don't hold back ideas! There's very little harm positing silly or unlikely ideas, but there is some potential value (perhaps more than you realize).
Inspired in part by calebo's comment here
EA Student Loans
Give out student loans at ~market rates to EAs, with work that is high-impact but lower-than-counterfactual-salary counting as credit towards the loans.
Many talented EAs spend time in college or graduate school TA-ing to save money, or let financial constraints influence their trajectory. It seems risky to just throw money at people with a long time horizon of pay-off, and the risk that they'll just turn around and use that PhD to do unaligned work. This project would require an initial source of funds (perhaps even a traditional bank loan), and a funder that would be willing to commit to pay off the loans once they were satisfied with the impact of the post-graduation work of the debtor.
I believe this idea has been kicking around in my head after a conversation with Amy Labenz.
Agree. I wasted several years doing dead-end minimum wage jobs to pay for my degrees, chose a less prestigious university to do them at due to their lower fees, and still had to take a leave of absence halfway through my master's partly for financial reasons. Even a regular loan with a reasonable rate of interest would have been fine - the fees in the UK aren't that high for domestic students (~£5-16k for a whole master's course) - but at the time the UK government wasn't giving postgrad loans, and even now they are capped at about 10k ... (read more)