Free stuff update: Study finds that free public college will leave 86% of students worse off

Free college sounds nifty, and Democratic presidential candidates, such as Bernie Sanders and Elizabeth Warren, are touting its glories to potential voters. What, after all, could be better than free? Bzzzt. Not so fast. A new study out, reported by the Washington Free Beacon's Yuichiro Kakitani, shows that free college would stiff more students (more than 86% of them) than it helps. He writes: The "free" college plans touted by Sen. Elizabeth Warren (D., Mass.) and other Democratic presidential hopefuls will require radical tax hikes and leave 86 percent of American households worse off, a recent study found. Warren and Sen. Bernie Sanders (I., Vt.) often promise tuition-free higher education and student debt cancellation on the campaign trail. However, a National Bureau of Economic Research study conducted by University of Wisconsin researchers found that free college translates to a hollowed-out higher education system that leaves many...(Read Full Post)
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