The Core

Why We Are Here => Economics & Investing => Topic started by: rcjordan on May 23, 2017, 11:43:23 AM

Title: Bond market braces for impact of New York's free tuition plan
Post by: rcjordan on May 23, 2017, 11:43:23 AM
QuoteThe State of New York passed in April a bill that will by 2019 offer free tuition at community colleges and public universities in the state to residents whose families make less than $125,000 per year. At least six other states are considering similar laws, to ease the burden of student debt...

https://www.reuters.com/article/us-college-bonds-idUSKBN18J19C
Title: Re: Bond market braces for impact of New York's free tuition plan
Post by: Mackin USA on May 23, 2017, 12:55:34 PM
"FISCAL PRESSURES"

http://www.huffingtonpost.com/2014/03/12/free-community-college_n_4949959.html

I propose that the cost NOT be born by the taxpayer but paid the Company who hires them if & when the graduate.

ducks
Title: Re: Bond market braces for impact of New York's free tuition plan
Post by: rcjordan on May 23, 2017, 01:13:30 PM
Good article. I don't see how this free tuition movement will work.

I'm reminded of a quote in another article I'm about to post:

QuoteHalf of Americans said, in the abstract, that they would support single-payer. But 20 percent flipped and said they would oppose the idea if it meant many Americans would have to pay higher taxes.

We like having services but don't like paying for them.