There is no way of knowing what we have lost with our policy of not giving every person their best opportunity to achieve whatever they can. It is detrimental to the entire human race, not just to the individual. And, it isn’t just that the mind that could have discovered the cure for cancer could have been born in poverty and never learned to read.
The average college graduate pays more in federal taxes very year of their working life than the average high school graduate. If that’s divided by the 4 years it takes to get a college education, and public schools were free, those additional taxes would pay for their schooling, with a net gain in total paid. The rest of us wouldn’t have to have a tax raise to pay for it, the same amount of money could be raised even with a tax cut.
This doesn’t even consider that with the degree, the person is less likely to ever need unemployment or welfare, and that more students would complete high school if they could see it as the way to a good job. They would also be paying a larger amount in all other types of taxes, social security and Medicare.
The best investment we could make to keep America strong is to not just forgive all student loans but to make all higher education, including trade schools, etc totally free, as long as the student is making decent grades. Yes, It’s good for them individually, but the country is made of individuals, so wants good for one is good for the country as a whole.
ddjg almost 2 years ago
In Germany, school is essentially free, even for foreign students, but for some relatively quite small fees . .
Diane Lee Premium Member almost 2 years ago
The average college graduate pays more in federal taxes very year of their working life than the average high school graduate. If that’s divided by the 4 years it takes to get a college education, and public schools were free, those additional taxes would pay for their schooling, with a net gain in total paid. The rest of us wouldn’t have to have a tax raise to pay for it, the same amount of money could be raised even with a tax cut.
This doesn’t even consider that with the degree, the person is less likely to ever need unemployment or welfare, and that more students would complete high school if they could see it as the way to a good job. They would also be paying a larger amount in all other types of taxes, social security and Medicare.
The best investment we could make to keep America strong is to not just forgive all student loans but to make all higher education, including trade schools, etc totally free, as long as the student is making decent grades. Yes, It’s good for them individually, but the country is made of individuals, so wants good for one is good for the country as a whole.
suelou almost 2 years ago
College is a business that drains the blood of young people!