Paying for Free College: The Taxpayers Burden

Paying for Free College: The Taxpayer's Burden

The concept of free college for all is gaining momentum, but who will bear the financial burden? This article explores the implications of such a policy, focusing on the input from taxpayers and government management.

The Taxpayer's Role in Free College Funding

The initial argument put forward is that taxpayers will foot the bill for free college. This raises the question: is it fair for those who paid their own way through college or who supported their children's education to now bear the additional tax burden?

The Great Education Debt Reset

The idea of a "great education debt reset" raises concerns. Many colleges and universities would be compelled to instantly double or triple tuition and room board fees, as the government sets no limits for payment here. However, the government does not pay the bills directly; rather, it taxes US taxpayers to cover their portion of the debt owed.

This creates a situation where there is no true "free education," but rather an increase in taxpayer debt. It is portrayed as both misleading and deceptive, and someone opines that this type of student debt relief is nothing but a monumental scam.

Realistic Solutions and Challenges

While the concept of free college seems attractive, it also presents significant challenges. The passage suggests that increasing the tax burden to an unsustainable level is one potential solution, reaching upwards of 70 percent or more. Another option is to capitulate to a concept known as the "Great Reset," where individuals would own nothing and be content with their circumstances.

However, the author argues that there is a more effective approach. The US government has a history of mismanaging funds, particularly in areas like Medicare and the federal student loan program. These actions have driven up costs to unprecedented levels, making it difficult to believe that free college for all would work out well without significant reform.

The author proposes a return to technocratic models similar to those in the mid-1900s, arguing that these models had proven successful in managing costs effectively.

Conclusion

In conclusion, while the concept of free college for all is appealing, it must be carefully considered in the context of the current tax system and government management. The burdens placed on taxpayers and the potential for increased costs make it a complex issue that requires careful thought and reform.