2 ms·
You blithely say that no country has it figured out, but I'd note estimates of covering all tuition for a year to be $58-$75B[1]. The cost of the defense budget
by dv_dt 8y ago
You blithely say that no country has it figured out, but I'd note estimates of covering all tuition for a year to be $58-$75B[1]. The cost of the defense budget increase alone this year was $60B - the total budget is some $700B. So even with the inefficient (nonexistent?) cost controls of our current student loan system, it seems quite feasible in the US to rebalance budget priorities. If one were to start putting more serious cost control strings (e.g. no more than x% in admin budget) on a direct funding stream to public universities, I suspect the cost could get even lower.
https://www.npr.org/sections/ed/2016/07/28/487794394/hillary-s-free-tuition-promise-what-would-it-cost-how-would-it-work https://www.npr.org/sections/ed/2016/07/28/487794394/hillary...
- drngdds 8y agoYeah. To add insult to injury, Trump's useless tax cut actually could have paid for free college for everyone instead: http://slatestarcodex.com/2017/12/05/the-tax-bill-compared-to-other-very-expensive-things/ http://slatestarcodex.com/2017/12/05/the-tax-bill-compared-t...