I think a key will be merit-based resource distribution - which means not having a centralized pool funded by tax payers that then is a single point of failure, nor a single point of capture for wannabe tyrants, whereby still collect taxes for the purpose of education - however distributing it based on the parents' selecting what lineage of knowledge-skillsets they want their children exposed to or indoctrinated in.
Perhaps the greatest difficulty with this, for policy makers, is it's hard to quantify or account for externalized benefits. However the other end of the spectrum with the student loan scandal, giving loans to people for "education" that - has already occurred and so it's time to go back towards merit-based acceptance and distribution of resources - tied to an actual path with an ROI, and then where "liberal arts" can thrive once enough parents have enough to pay for their children to go into those programs - rather than society funding them, like we poorly-irrationally do in Canada.
The policy politicians will push for will depend on if their goal is to maximize centralized control and dependance on government or not, where if more and more "students" require state-funds for "acceptable" state accreddited education - where they must comply and be "good citizens" and follow your orders, mandates, if they want to continue to be able to suck on the teet of the centralized state control - while that same state may be (and is what's happening in Canada) has policy in place to dramatically increase and continue to increase the cost of living, reducing the quality of life - so where more and more people are going to become forced to depend on the government aka a communist state; or if the state as part of their strategy is also to accept foreign students, flooding the institutions with foreign students for their revenues, also as a way to bring in revenues from external sources, for better or worse.
“Give me just one generation of youth, and I'll transform the whole world.”
― Vladimir Lenin