Ronald Reagan did that (sigh). For anyone curious about why college tuition hurts the economy in the long run, it has to do with endowments. The idea is that

Ronald Reagan did that (sigh). For anyone curious about why college tuition hurts the economy in the long run, it has to do with endowments. The idea is that it's more productive to pay during and after a career (when one has money) than before a career (when one is broke). Long term thinking like this built American into an industrial superpower, but short term thinking is giving us.. well, something else. For example, land grant colleges were set up so that farming profits paid for the next generation's education. We've largely replaced that with student-loan debt based education, which sets graduates back for years or even decades. Now we have a stagnant economy where most people are struggling to get by instead of making meaningful contributions that increase their wealth and ability to pay/donate down the road. The founding fathers knew why public education was so important, yet at every turn we see people constantly attempting to privatize and marginalize it. It frankly disgusts me, which I know I’m not supposed to say on HN, but there it is. https://www.pinterest.com/pin/210543351304022855/ https://www.pinterest.com/pin/210543351304022855/