(Part 0) College Costs and Loans: Summary
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Part 1, the $1.7T question on whether it is fair to ask people (high school graduates or lower education achievement) who earn ≈40% less than others (college graduates) to pay for the education of those college graduates.
Part 2, is a collectivism approach to taxing large corporations to help educate the workforce
Part 3, is an FAQ on how a Education Allotment and a College Education Pool could work
The summary:
- Education should be paid for by those who can best afford it (college graduates) and who directly benefit the most by it (college graduates)
- That does not address the indirect benefits to all citizens and companies of a well educated workforce, so an offset of higher education costs is proposed
- College costs should be offset from large corporations in form of a 1% tax on territorial revenue
- Each eligible person has an Education Allotment of $5000 (an amount that could uptick every five years)
- Each person can use it for themselves, grant to someone specific, or place it in a College Education Pool to help others