As predictable as the sunrise, House Democrats are pushing the silly idea of “free college.” Doing that will undoubtedly lead to higher total costs, but shifted more to the taxpayers.
In today’s Martin Center article Chloe Anagnos of the American Institute for Economic Research takes a look at this terrible idea, then at some more promising ways of rationalizing our approach to college costs and finance.
The administration is making some tentative moves in the right direction. Anagnos writes:
The Trump administration, for example, is currently pushing to cap loan borrowing for graduates students and their parents. Currently, undergraduates can borrow $57,500 from the federal government, but graduate students and parents have no borrowing limits and can take out as much as they want. The