What if people don graduate or leave?
They have to pay the money back. It can be characterized as a student loan, not dischargeable in bankruptcy, with a fee generated to the local banking institutions which manage these funds (and, therefore, adding to the profit of the local business sector). Administrative costs can be factored into loan repayment schedules. Exceptions can be afforded for those who become disabled, drafted for military duty, or other such rare exceptions.
