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  • user warning: Table './conserva_drupal/cache_filter' is marked as crashed and should be repaired query: UPDATE cache_filter SET data = '<p>FREE COLLEGE TUITION: June 20, 2019</p>\n<p><img alt=\"\" src=\"http://www.conservativechronicle.com/sites/default/files/Elder.gif\" /></p>\n<p>ABC&rsquo;s Jonathan Karl recently interviewed Rep. Alexandria Ocasio-Cortez, D-N.Y. Karl asked no question and did not call for a clarification when Ocasio-Cortez, presumably referring to the Mueller report, spoke about &ldquo;the abundance of evidence, 10 counts of obstruction of justice, four with rock-solid evidence&rdquo; against President Donald Trump. A &ldquo;count&rdquo; means a specific accusation of a crime. The Mueller report made no such accusation.</p>\n<p> EVEN WORSE, Karl, with not one follow-up question, allowed Ocasio-Cortez to rattle off her progressive agenda &mdash; which includes free college tuition, government health care for all and a $15 minimum wage indexed to inflation. After Karl&rsquo;s AOC interview, studio panelist and former New Jersey Gov. Chris Christie pointed out that AOC&rsquo;s programs &ldquo;cost trillions of dollars&rdquo; and Karl &ldquo;did not ask&rdquo; about the programs&rsquo; price tag nor whom she expects to pay for it.<br />\n So let&rsquo;s examine the cost of &ldquo;free&rdquo; college and debt forgiveness.<br />\n About Sen. Bernie Sanders&rsquo; &ldquo;College for All Act,&rdquo; the Vermont independent&rsquo;s office said the act would &ldquo;eliminate tuition and fees at four-year public colleges and universities for families making up to $125,000 &mdash; about 80% of the population &mdash; and make community college tuition- and fee-free for all.&rdquo; Sanders said, &ldquo;If we are to succeed in a highly competitive global economy and have the best-educated workforce in the world, public colleges and universities must become tuition-free for working families and we must substantially reduce student debt.&rdquo; But what about the price tag?<br />\n Sen. Elizabeth Warren, D-Mass., goes even further, wanting to eliminate current student debt. Warren said: &ldquo;The student debt crisis is real and it&rsquo;s crushing millions of people &mdash; especially people of color. It&rsquo;s time to decide: Are we going to be a country that only helps the rich and powerful get richer and more powerful, or are we going to be a country that invests in its future?&rdquo;<br />\n So what is the price tag for &ldquo;free&rdquo; college and the elimination of college debt?</p>\n<p> THE CONSERVATIVE Heritage Foundation said in 2017: &ldquo;High college costs exacerbated by overgenerous federal lending policies have encouraged more students to take on high levels of student loan debt. As a result, graduates often leave college unprepared to pursue their career and life goals and are saddled with a debt burden that limits their upward mobility. There was a time when a small amount of savings and a part-time job could get students through college with little or no debt. But today, more students than ever are turning to federal loans to finance their college education.&rdquo; In short, federal money incentivizes colleges to increase tuition. More federal money would simply increase that incentive.<br />\n Neal McClusky is the director of the Cato Institute&rsquo;s Center for Educational Freedom. &ldquo;&rsquo;Free&rsquo; would have to be paid for with tax dollars,&rdquo; McClusky wrote, &ldquo;and looking at colleges&rsquo; current tuition and fee revenue, and income directly from government, gives a rough sense of how much it would cost. Using the most recent federal data, it comes to roughly $339 billion annually, or about $1,360 for every adult in the United States. If you live to age 75 and pay that annually in taxes starting at age 18, that&rsquo;s $77,500 &mdash; not free at all.&rdquo;<br />\n What is the price tag for college debt forgiveness? A lot. According the American Enterprise Institute&rsquo;s Frederick Hess: &ldquo;(Warren&rsquo;s) proposal is projected to cost $640 billion, though some estimates suggest the figure could be north of $900 billion. As one might expect, Warren&rsquo;s proposal disproportionately benefits affluent families, since working class and low-income households are much less likely to have attended college at all &mdash; much less to have racked up substantial student debt.&rdquo;<br />\n Finally, the left-wing Brookings Institute questions whether student loan debt is a truly a &ldquo;crisis&rdquo; at all, let alone one that necessitates debt forgiveness. In a 2014 article called &ldquo;Is A Student Debt Crisis on the Horizon?&rdquo; Brookings co-writers Beth Akers and Matthew M. Chingos say the answer is &ldquo;no.&rdquo; Brookings&rsquo; summary of their report says: &ldquo;Although the data analyzed confirm significant increases in average debt levels, they provide little indication of a significant contingent of borrowers with enormous debt loads. In 2010, only two percent of young households owed more than $100,000 on their student loans. Ultimately, Akers and Chingos conclude that typical borrowers are no worse off now than they were a generation ago, and also suggest that the borrowers struggling with high debt loads frequently featured in media coverage may not be part of a new or growing phenomenon.&rdquo;</p>\n<p> WHEN ONE asks, &ldquo;Who pays, how much will it cost, and will it achieve its objective?&rdquo; most governments schemes fall apart. Free college tuition and debt forgiveness do, too.</p>\n', created = 1574387597, expire = 1574473997, headers = '', serialized = 0 WHERE cid = '2:983f46b4d3e23b40fff4cb520e8920ca' in /home/conserva/public_html/includes/cache.inc on line 112.
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AOC got a pass on the cost of ‘free’

FREE COLLEGE TUITION: June 20, 2019

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