Free College Only Benefits 14% of Americans

If one thing is clear about the over-crowded but quickly thinning Democratic presidential field, it is that everyone and their mother wants to give America all the free stuff possible. Among the policies proposed, there is to be free healthcare, free education, free housing, government-mandated incomes, and even free childcare.

And it all sounds great, right? Here is a whole party who wants to give us free things. No longer will we have to stress about paying for ghastly doctor’s bills, outrageous college tuitions, or monthly rent/housing fees that dwindle our savings and increases the amount of gray in our hair.

At least that how it looks at the outset. For all the world, it seems like these candidates actually care about us and want to make our lives a little easier.

But the problem lies in the application of these policies. Yeah, sure they sound good, and I’m sure these candidates have the best intentions for America. But what if they don’t work? All of these plans require some significant changes to be made to our country and our economy. What if those changes are made and no one really benefits? Or worse yet, what if the price of these plans isn’t worth benefits?

That is precisely what is being determined by the National Bureau of Economic Research or NBER.

First up, the free college tuition plans of frontrunners Bernie Sanders and Elizabeth Warren. And it’s not looking good.

Both Warren and Sanders have proposed plans that would make college more affordable, if not entirely free, for all Americans.

However, a new study completed by NBER found that if those plans were to be implemented, over 86 percent of American households would not only not benefit but would incur losses.

It said, “free-public-college policies, mandatory or subsidized, would decrease state expenditures on and hence the quality of public education.”

As the study says, “The idea of ‘free’ public college is politically seductive. But of course, a college education can’t actually be free – someone must pay for it.” And if the government is implementing the plan, then the government is also paying for it.

So how does a government, who already has an extensive national deficit, get the trillions of dollars needed to pay for free college tuition?

There are two options. The federal government could make the plan mandatory, forcing states to participate, which would cause the state government to help with costs. States would be forced to come up with the money in an already tight budget. State taxes would be raised first of all. But in addition, funds would have to be diverted from early education needs like teacher salaries, new and much-needed school equipment, and even curriculum costs.

Essentially, education standards in every state would be lowered so they could pay for “free college.”

So what’s the other option? Well, instead of states paying, it would be Washington. The federal government would subsidize the states to “encourage” them to give free tuition, which is pretty much a nicer way to say mandatory.

While this would take such high demands off of the state, the federal government would still need lots of money to make it happen. This means raising taxes for citizens. So instead of paying the college or university for your education, you are paying the government.

In either case, Americans end up paying higher taxes and have education standards lowered.

Yuichiro Kakutani from the Free Beacon said, “Warren’s plan would force state governments to withdraw resources from public K-12 education to fund the free college program, worsening the overall quality of education students receive before college.”

“The lower education quality, along with higher tax rates, would contribute to a decline in welfare for U.S. households.”

But more people would get degrees, right?

However, even that isn’t certain. Research completed by Harvard University on an existing free college program in Massachusetts for high-performing students found that fewer students ended up finishing their education. And the NBER study confirmed this with their research.

They found that in public four-year schools, drop-out rates would fall from 62 percent to 58 percent. And in addition, the number of students enrolling in a two or four-year degree program would only increase slightly from today’s statistics.

The study concluded, “Over 86% of all households would lose while about 60% of the lowest income quintile would gain from such policies.” Just to be clear, that means only the lowest 14% of America will benefit.

14 Comments

    • It sure won’t benefit those of us who paid for college ourselves. Maybe we should’ve been deadbeats like so many others owing re-payment but we were taught to PAY OUR BILLS!! Irony is the ones that don’t pay back are the ones making the most money afterward: doctors, lawyers, politicians, etc. Look at AOC complaining that she can’t pay hers back while making more annually than most of the country. Give them a little and all they continue to do is to take more, more and then some more, or whine, whine, kick and scream, you choose. What a load. I’ll bet they’ll never reimburse any of we responsible college grads. They’ve already pocketed our money so why care about that. SMH!!!

  1. The only place things are free is in jail. Put all those free seekers in there. In the front door. Into the prayer room. Into the execution room. Into the pit and cover. Free!

    • Jail is not free either. Takes a lot of tax money to build and run jails and prisons. Other than that I like the general idea of throwing the freeloaders in jail. But a better solution would be to put them to work on chain gangs. Get some of the money back that it takes to keep them in jail.

      • Condiments at fast food restaurants are subsidized by those that pay for the meals. Free advice might cost you a LOT and is often worth nothing. Insurance for politicians is paid for by the taxpayers….us.

  2. Now that she is backed by George Soros she can now spend other peoples money. There is nothing free in this world, and sooner than later your taxes will rocket so you can pay for all of her socialist programs. If you want to see just how good socialism works just look at the countries that have tried it. In Venzueala you have people eating out of dumpsters, no medicine, high death rates, empty grocery stores, and constantly surrounded by troops that have orders to shoot and kill if the hungary mob gets out of control. Isn’t this what we fought against in 1776

  3. Free college means your taxes go up. You pay then FOREVER! When you have college debt you pay for a fixed time. Why trade for something (taxes) which go on and on and on and…..

  4. This is the only way these Democrats think they can win by prommising all this free stuff with no way to pay for them, they are all worthless idiots and no one should vote for them.

  5. nothing is FREE! someone has to foot the bill for education! it’ll be ones of us who couldn’t go to college & who couldn’t afford to send our children to children who will be paying bill for many that won’t finish what they start & it’ll be waste of money! NOTHING IS FREE! THERE”S ALWAYS PRICE TO BUY FOR ANYTHING & EVERYTHING! wake up America before we’ve totally lost control of our lives & our children & grandchildren’s lives!

  6. I wonder how many know that an option here is to work to pay for education. Complicated, but you first get a job, earn a paycheck, and then use some of that money to pay for college. Radical, huh, but I did it to get through college. The folks that will benefit from this are already on the dole, so this is just another “contribution” from the taxpayers.

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