Small businesses are allegedly the backbone of America, and I feel these tuition support programs overlook this segment of the middle-class.
Small businesses are allegedly the backbone of America, and I feel these tuition support programs overlook this segment of the middle-class.
That's the only fair way. Also, a set of well educated people pays itself back later in the form of mostly income and added value taxes, which provides money to keep studying for cheap for the next generation.
american universities get closer to this ideal than you might expect. the days of outrageous student debt are thankfully fading away, at least for undergraduate degrees.
it would make more sense to do this redistribution through taxes if possible, but many US institutions are private so that doesn’t really work. so the colleges basically have their own privately-run means testing programs, and like all such programs there are flaws and loopholes.
The money for funding public and quasi-private (universities and hospitals) institutions has to come from somewhere. Making it equally affordable for everybody doesn't raise enough money to maintain operations. Same for funding the government.
Granted, I think all of those institutions are due for reforms, which have little chance of happening right now, but still, I think the basic funding equation can't be eliminated.
That's what taxes are for: you take proportionally more from people with more assets. I find the entire conversation about "not wanting my tax dollars to pay for some millionaire's kids' education", because those millionaires would end up paying the difference in taxes (under a fair system) than they do now.
That's without even considering the perverse incentives at play when a wealthy parent can use the payment or withholding of payment for education as a way to control their kids. Just because a parent is wealthy it doesn't necessarily mean that the kid would have access to those funds, or that explicit or implicit requirements that could be imposed to access those funds would be reasonable.