Given that most youngsters are not aware that there are books out there, anything encouraging reading is OK by me. In my area, they rescinding fines in the honor of COVID, my kids ordered a bunch of them, and even read some… The fines are now back and we are searching for those books now…
By the way, this was an early Netflix approach v. Blockbuster – instead of annoying fees, you could keep a fixed number of DVDs. So, maybe libraries can do the same – let you keep N books and exchange for new ones.