Question

In: Economics

Should college education be free in the United States. Please explain what socio-cultural impacts this can...

Should college education be free in the United States. Please explain what socio-cultural impacts this can have and how it could affect/benefit our economy. Provide examples so I can better understand its impact.

Thank you!

Solutions

Expert Solution

  • In my view, the college Education must be free because United States is a well developed country with flourishing wealth..
  • But the college affordability is a top concern here.
  • The cost of attending a college is too high.due to its students choosing not to pursue their higher Education.
  • It has also left the college students higher levels of debt.
  • This would benefit the nation by promoting liberal and practical Education.
  • Students can attend colleges with out paying any tuition fees.
  • Proposing free colleges would benefit the Entire nation not just the students.
  • As today's jobs requires advanced technical skills,unitedStates requires better Educated and skilled workers.
  • Thus showing inequality among the rich and the poor will prevent the Economy from growing faster.

It will also help the government Extract higher tax Revenues that can be used for paying the college fees of the poor.

  • Examples:-
  • Free colleges can be provided by increasing the tax rate of the wealthiest people rather than the poor.
  • Using the public money for the students financial benefit or Aid.

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