Friday, September 23, 2016
Subsidizing College tuition
I believe we need to subsidize college tuition. People already have unbelievably large college debts. Taxpayer subsidies that cover the operating costs of most colleges and universities ranges from around $8,000 to more than $100,000 for each bachelor’s degree awarded, with most public institutions averaging more than $60,000 per degree (air.org). That is a lot of money subsidizing college tuition would be good for the people.
Subsidizing would not be a good idea. With the government already in debt that is a lot of money for the government to be paying. The federal government has spent more than $80 billion each year on subsidizing tuition fees(trad-school.net). As of now our government is never getting out of debt and subsidizing any more would just make it worse.
Subsidizing college tuition to a certain extent would be a good idea for the people. Most people in America are paying for college 30 years after they graduate. If the government pay for a lot of it their debt will just keep getting deeper and deeper and taxes will go higher. I think subsidizing college tuition would not be good for the government at all but somewhat good for the people.