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I see your points here, makes sense. However, in my opinion, promoting individual saving for higher education and reducing government subsidies is a positive s
by twakefield 14y ago
I see your points here, makes sense.
However, in my opinion, promoting individual saving for higher education and reducing government subsidies is a positive step. Because of the uncertainty about the situation in 2030 (as you mentioned) and government subsidies tend to lead to unintended consequences (see housing price bubble and collapse).
Edit: Also, the money doesn't have to be used for college.