If genetic engineering proves effective and expensive parents should have the right to sign a contract binding on their future genetically engineered child which transfers a percentage of this child's future earnings to the company that financed the child's genetic engineering. Besides benefiting society by promoting genetic engineering, such contracts could be freely traded and would have a market price that would provide a powerful signal about the value of different types of genetic engineering.
Putting aside the ethics for a moment, this is fairly close to Clinton's Hope Scholarships. He set up a system where students got their college fees payed for in exchange for a percentage of future earnings -- a doctor would repay a lot to the fund, a teacher would repay much less. Overall it would all average out. This plan failed because future teachers were much more motivated to accept the deal than future doctors. Only those who expected to earn comparatively little will take a deal that takes a percentage of future earnings -- if you have a reason to...
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