Here is the truth tuition free college: It makes total economic sense. First, graduates, like many veterans with the GI Bill, come out of college debt free. What does this mean to the real economy? Well it frees up capital, that would have been spent paying back loans, that is spent in the real economy. The one you and I live in. People spending money, not tax cuts to the rich, actually create jobs. Secondly, you have highly educated work force that will create new businesses and technologies; which creates jobs; which turns to more spending and tax revenue which pays for college tuition.
Then, the question of how do we pay for it? Well those people are going to go out and get jobs, make money and spend money. This money will be taxed. Thus paying for itself. This is why the GI Bill doesn’t cost the tax payer money. And that is why it makes economic sense.
Now who would be against this? Very simple: Wall St. You see banks give out student loans and tact on high interest rates that the students have to pay back. This is money that is not being spent in the real economy. This is houses that are not being bought. This is jobs that are not created.
Free tuition is one of the best things we can do for this country. It just makes economic sense and it pays for itself.
U.S. Senator Bernie Sanders is really bad at communicating ideas. This being one of them. Tuition free college pays for itself because the people that go to college get jobs and pay taxes thus paying back their tuition.
Also, it isn’t about redistribution. It is about fair distribution. The reason you are not making a good money is because money funnels to the top. This is what trickle down economics look like. You work hard for little so that the top become wealthier. This is why the Republicans have not had any new ideas on economics since Reagan.
Also, about taxes and why I am for the wealthy paying their fair share; which they do not now: Those of benefit the most from society should pay the most. It is that simple. They benefit from the military, infrastructure, our courts, labor, security and I could go on.
U.S. Senator Bernie Sanders Is has been terrible at communicating that. He just runs around saying he is going to tax the rich. Which taxing them just because they have money without cause would be pretty unfair. But they benefit the most from America so they should pay the most.