Joe Lonsdale
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Podcast Appearances
If there's an idiot guy running it, it's looking at not doing well. So how do you help the 100,000 people coming out of these schools? Well, here's one. I'll tell you how you do it. You say, okay, there's 27 high-end technical vocational schools in Texas. We're going to only give them money in proportion to the salaries of the students coming out. That's not something they can gain.
If there's an idiot guy running it, it's looking at not doing well. So how do you help the 100,000 people coming out of these schools? Well, here's one. I'll tell you how you do it. You say, okay, there's 27 high-end technical vocational schools in Texas. We're going to only give them money in proportion to the salaries of the students coming out. That's not something they can gain.
Take the average salary coming out for three years.
Take the average salary coming out for three years.
Take the average salary coming out for three years.
Average salary for three years coming out. And we're going to rate the schools based on that. And you know what happens when you start giving them all their money tied to that? The school starts saying, wait a second, what skills do we need to teach to get our kids better? Incentives, incentives. Look at the incentives. What businesses do we partner with?
Average salary for three years coming out. And we're going to rate the schools based on that. And you know what happens when you start giving them all their money tied to that? The school starts saying, wait a second, what skills do we need to teach to get our kids better? Incentives, incentives. Look at the incentives. What businesses do we partner with?
Average salary for three years coming out. And we're going to rate the schools based on that. And you know what happens when you start giving them all their money tied to that? The school starts saying, wait a second, what skills do we need to teach to get our kids better? Incentives, incentives. Look at the incentives. What businesses do we partner with?
And I'll tell you what, in Texas, after this was done in Texas over the last decade, the salaries have more than doubled coming out of these schools.
And I'll tell you what, in Texas, after this was done in Texas over the last decade, the salaries have more than doubled coming out of these schools.
And I'll tell you what, in Texas, after this was done in Texas over the last decade, the salaries have more than doubled coming out of these schools.
And this is the thing, like, so I think vocational schools are a little different from universities. Vocational schools is 100% the profession. There is a theoretical role for moral action and courage and other frameworks of a university. But you're right. One of the things we should be doing with our government, by the way, the part of education and our policy thing.
And this is the thing, like, so I think vocational schools are a little different from universities. Vocational schools is 100% the profession. There is a theoretical role for moral action and courage and other frameworks of a university. But you're right. One of the things we should be doing with our government, by the way, the part of education and our policy thing.
And this is the thing, like, so I think vocational schools are a little different from universities. Vocational schools is 100% the profession. There is a theoretical role for moral action and courage and other frameworks of a university. But you're right. One of the things we should be doing with our government, by the way, the part of education and our policy thing.
is only give loans to students for majors where the major is going to, on average, let them repay the loan. So stop putting people in the debt to get like terrible degrees, right? That's something we can do right away. So there's things like this we're working on. We're making huge impacts on prisons, fixing technical schools. What are you fixing in prisons? Well, think about it.
is only give loans to students for majors where the major is going to, on average, let them repay the loan. So stop putting people in the debt to get like terrible degrees, right? That's something we can do right away. So there's things like this we're working on. We're making huge impacts on prisons, fixing technical schools. What are you fixing in prisons? Well, think about it.
is only give loans to students for majors where the major is going to, on average, let them repay the loan. So stop putting people in the debt to get like terrible degrees, right? That's something we can do right away. So there's things like this we're working on. We're making huge impacts on prisons, fixing technical schools. What are you fixing in prisons? Well, think about it.
How should probation and parole in prisons work? You need to have some incentives, right? You need to have some framework. Right now, if you're running a prison, a lot of the guards hate the prisoners. The prisoners hate the guards. Everyone's miserable. People come out. They're just let go into society. A lot of them commit crimes again and come right back. And it's a mess.
How should probation and parole in prisons work? You need to have some incentives, right? You need to have some framework. Right now, if you're running a prison, a lot of the guards hate the prisoners. The prisoners hate the guards. Everyone's miserable. People come out. They're just let go into society. A lot of them commit crimes again and come right back. And it's a mess.
How should probation and parole in prisons work? You need to have some incentives, right? You need to have some framework. Right now, if you're running a prison, a lot of the guards hate the prisoners. The prisoners hate the guards. Everyone's miserable. People come out. They're just let go into society. A lot of them commit crimes again and come right back. And it's a mess.