$45 Billion? Seriously?
Nothing justifies that. If the HS did their jobs, people would graduate from there with the skills to AT LEAST find a way to pay for college.
But the ED sys is broken so now college has become the new HS, doing what HS should have done for kids. I work at a University and it’s remarkable how few freshmen arrive who can write or even speak coherently. Many flunk out in the first quarter... and should never have been admitted at all.
In the meantime, an UG degree has become a joke
$45 billion over how many years and how many students? Without context the number is useless.
However we could assume 10 years so 4.5 Billion/year. There’s 360 million Americans, assuming the annual class size is 1/40th the total population, that makes the annual class size 9 million. $4.5B / 9 million students is only $500 a student.
If we could get every >B level student a college education for $500, I’d be all for it. That’s cheap and the goverment would be repaid through the aditional income taxes those students will produce in the future.