Rand Paul's Dumb Idea

Rand Paul is a smart guy and a good guy.  Recently, however, this smart and good Republican proposed a really bad idea: make all costs of college completely deductible. Government-supported college education is a giant redistribution of wealth from the poor, who often cannot afford college, to the rich, who deem college practically a constitutional right.  Between these two is the middle class.  Parents hock their houses to pay outrageous tuitions, and students incur big student loans to pay for the dubious blessing of a college degree. Colleges also form a legal monopoly in many areas.  Government hiring for many jobs requires a college degree.  Many licensed professions also require college degrees.  The heavy hand of government infests the whole racket of “higher education” by taxing all of us to pay for it, subsidizing a professional class with fat salaries for working short hours, providing systems of student loans, grants, and...(Read Full Article)