Respond-Evaluation

Abstract: Free college for everyone

        Despite educational supports such as financial aid and scholarship, high education cost has recently placed a heavy burden on college students and is prone to decelerate U.S. economic growth. To solve the issue, free tuition for students entering public colleges with educational requirements could possibly boost the economy and those within it. This proposal should be set forward for the following reasons. College affordability will stimulate the investment in human capital by creating more educational opportunities. As a result, the upcoming generation who will replace the Baby Boomers in the workforce is likely to be equipped with high skills and degrees. The unemployment rate will be lowered as they substitute for available workforce gaps that are or cannot be filled by older groups. GDP can be raised due to the increasing number of people with high-paying jobs. Without student debt, younger consumers have more purchasing power which increases the input within the economy. It is clear that individuals who enroll in free college will favor from this proposal. On the other hand, taxpayers will probably suffer from the increase of taxes to compensate for tuition cost, however, with workplace flexibility and its distribution in the U.S labor pool, skilled labor produced by free college may have the capacity to cover economic losses made by tuition cutoff. Highly educational standards will encourage competitiveness as a main force of economic development. Just a little cost spent now will better prepare the future of not only the next generation workforce but the economy as well. Free tuition for students in public colleges could result in a more efficient economy.