Part v: What about Free Education for All?

The cost of your education isn’t just the money you spend. It’s also the long hours you spend studying. It includes the opportunity costs of things you couldn’t do while studying and paying for your education.
This is going to be a short post. Both Bernie Sanders and Alexandria Ocasio-Cortez have proposed making higher education free for anyone who wants a college degree. Free higher education will solve the problem of student loan debt, but it is a short-sighted solution.
A long time ago, Robert Heinlein wrote a story about California addressing the income inequality between those with a college education and those without by granting all citizens a Bachelor’s degree on their 18th birthday.
Problem solved! No more income inequality due to educational differences. Continue reading
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