There is no way of knowing what we have lost with our policy of not giving every person their best opportunity to achieve whatever they can. It is detrimental to the entire human race, not just to the individual. And, it isn’t just that the mind that could have discovered the cure for cancer could have been born in poverty and never learned to read.
The average college graduate pays about $7800 more a year in federal taxes than the average high school graduate. Over 30 years, that totals about $234,000. If that’s divided by the 4 years it takes to get a college education, the government breaks even if it paid every student $58,500 a year to attend school. This doesn’t even consider that with the degree, the person is less likely to ever need unemployment or welfare, and that more students would complete high school if they could see it as the way to a good job. They would also be paying a larger amount in all other types of taxes, social security and Medicare. The best investment we could make to keep America strong is to not just forgive all student loans but to make all higher education, including trade schools, etc totally free, as long as the student is making decent grades. There is no better way to spend money than, to give our people every opportunity to be the best they can be. Yes, It’s good for them individually, but the country is made up of individuals, so what’s good for one is good for the country.
The average college graduate pays about $7800 more a year in federal taxes than the average high school graduate. Over 30 years, that totals about $234,000. If that’s divided by the 4 years it takes to get a college education, the government breaks even if it paid every student $58,500 a year to attend school. This doesn’t even consider that with the degree, the person is less likely to ever need unemployment or welfare, and that more students would complete high school if they could see it as the way to a good job. They would also be paying a larger amount in all other types of taxes, social security and Medicare. The best investment we could make to keep America strong is to not just forgive all student loans but to make all higher education, including trade schools, etc totally free, as long as the student is making decent grades. There is no better way to spend money than, to give our people every opportunity to be the best they can be. Yes, It’s good for them individually, but the country is made up of individuals, so what’s good for one is good for the country.