Op-Ed Calls Elizabeth Warren’s Free College Plan a Form of Vote Shopping
“There are several flaws in Warren’s free college scheme”
It’s difficult to disagree with this point.
Vicki Alger writes at the Sun Sentinel:
Democratic presidential candidate Warren shopping for votes with college free-for-all plan
There’s no such thing as a free lunch, or free college. But that reality hasn’t stopped Democratic presidential hopeful Sen. Elizabeth Warren of Massachusetts from touting her trillion-dollar-plus plan.
Step one of her plan would cancel most or all of the student loan debt carried by nearly 45 million Americans, up to $50,000 per person as long as their household incomes don’t exceed $250,000. This step alone would result in a one-time cost of $640 billion.
Step two is ensuring students don’t accumulate loan debt ever again by making college “free” like K-12 public schools. Officially dubbed the Universal Free College program, the estimated cost of this part of her plan is a jaw-dropping $1.25 trillion over the next 10 years. But never fear: Warren will pay for it by imposing an Ultra-Millionaire Tax on the rich.
There are several flaws in Warren’s free college scheme, starting with the fiction that her proposed tax on “ultra-millionaires” will actually raise enough money to pay for it.
For example, most European countries have ditched their wealth taxes in large part because they generated so little revenue. So, when the free-college coffers come up short, average taxpayers will be stuck making up the balance — a very real possibility, especially since Warren also has vowed to bankroll her $70 billion-a-year “free” Universal Child Care and Early Learning plan with the same Ultra-Millionaire Tax.
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Comments
Of course it is….everything Dems promise is for vote shopping!
Hopefully, some liberals get into a civil war of words and isms about this and call it a symptom of white male privilege that Bernie Sanders is also not called out for his vote shopping.
Let us stop this nonsense once and for all by substituting a comprehensive testing program for a college degree much like the Bar exam. All you need to do is pass the exam. Local libraries and professional organizations could provide the educational materials. Voila, all of this college expense nonsense goes away.
That doesn’t solve the problem. Either it would be too easy or most wouldn’t pass it.
People CAN learn without college. That doesn’t mean people WILL.
This is the difference between Trump and the Democrats. Trump actually tries to achieve what he promises. Warren uses the same illegal tax on wealthy people to finance everything and she would achieve nothing.