What we will end up with is higher cost of doing business and 100% for certain federally run universities will still need taxpayer bailouts every single year.
Lose lose all the way around.
I have an even better idea: get rid of all freebies. If someone wants something, they can get off their asses and work for it for a change.
While I realize that's still a little more than 2x the amount of working hours, it's definitely not as depressing as 20x the amount of working hours as the poster stated.
you really do not want to live in a country where that is the case.
only education can lead to prosperity of the whole population. and the more educated people you have, the better off everyone is.
i am gladly paying taxes for education, because i know in the future i and my kids will benefit from everyone around us being smarter.
Yep, taxes are a little bit worse than that too because the cost also gets passed to the producer as well in the form of decreased demand.
The result is fewer goods and services exchanged - ie less economic activity - than there would have been with a lower tax.
Formally, it is called deadweight loss in microecon:
You might look at this from a national security angle. Did you know that the largest category of recruit disqualification in both WWI and WWII was malnourishment? Did you know that our technological 'edge' comes out of public universities? We don't want a small pool of healthy Americans to call on, we want the Roman ideal of a sound mind in a sound body for every citizen.