“Every
election is a sort of advance auction sale of stolen goods.”
The
words of H.L. Mencken must resonate with anyone paying attention this
election season. Whether it's the open ended promise to “Make
America Great Again” or the laundry list of Bernie Sanders.
At
least Senator Sanders has also provided the electorate with a method
of payment for his promises. His litany of programs each has a tax,
tax increase or closed loophole that will do the trick. That is if,
as the song goes, “the moon is in the seventh house and Jupiter
aligns with Mars.”
Still,
one should not get too excited about what is proffered during
campaign season. If you've been around a bit, there is the perennial
favorite, “middle class tax cut.” If everyone who made that
pledge had fulfilled it, we would by now have negative tax rates.
The
man from Vermont also wants to give the American worker a $15 an hour
minimum wage. On the surface, that sounds like a winner. It does
beg the question, why is $15 the magic number? Why not $20 or $50?
I'll let the candidate's fans handle that one.
There
is one of the Senator's proposals that does almost warm my heart. I
say almost as I used to have a dog in the fight, but no longer.
Several years ago, the looming tuition that was staring us in the
face would have meant an eager embrace of one of the signature
features of the man's campaign.
Bernie
Sanders has proposed that public colleges and universities be tuition
free. His rationale appears reasonable.
This
is not a radical idea. Last year, Germany eliminated tuition because
they believed that charging students $1,300 per year was discouraging
Germans from going to college. Next year, Chile will do the same.
Finland, Norway, Sweden and many other countries around the world
also offer free college to all of their citizens. If other countries
can take this action, so can the United States of America.
Well,
if the Europe can do it, why not us? After all, does not public
education benefit everyone?
So
can it work? To look at the problem, we again turn to our official
think tank, the Long Hill Institute of Educational Policy or LHIoEP
for short. After their usual dillettantish investigation they were
able to forthrightly come to the conclusion, maybe.
The
countries that the Senator cites do have free tuition. How do they
do it? In the case of Norway, there is a simple answer. Like most
Scandinavian nations, there is a belief in equality so everyone can
attain a post-secondary degree if they want it. It works maybe
because not everyone wants it.
In
spite of the near costless education, if your parents didn't attend
college, you probably won't either. So why wouldn't people take
advantage of it? One reason from an Hechinger Report article of last
June notes that blue collar jobs pay well enough that everyone is
more or less middle class. Kind of like when this country had no
dearth of such work.
So
if the whole country does not go, it is affordable. Of course, the
Sanders plan claims that his system of paying for it will allow
everyone to attend. His plan should appeal to all.
Whether
or not the American people were saved by the bailout in 2008 is
arguable. There was however one class that was, the bankers. The
candidate wants to levy a fraction of a percent tax on “Wall
Street speculators who nearly destroyed the economy seven years ago.”
Certainly, we all want to see them pay, but if periodically we have
to bail them out, we may have to figure something else out.
There
is another problem. In theory if you tax something you get less of it
and if you subsidize it, you get more. Some young people might have
done a cost benefit analysis and decided that the debt made it not
worth it. They might not come to that conclusion if it is near free.
Some may go through school and come out with a career and a life.
Many will major in fields lacking rigor and prospects. It will have
been a pleasant four years at winter camp, but for naught.
That
this is already happening is evident from the lampooning of grads who
can't get jobs in their field as is heard on Garrison Keillor's
Prairie Home Companion. His retinue will occasionally do a sketch
about The Professional Organization of English Majors or P.O.E. M.
The words, “Do you want fries with that” have been uttered.
Another
consequence is the non-public colleges that will go out of business
because competing with free is too much of a disadvantage. Places
like Harvard, which is a hedge fund with courses, need not worry.
Some small yet solid institutions may go to the wall.
Norway
like the other Scandinavian countries is not huge. Even with its
North Sea oil, it has to adjust means to ends realistically. In this
country, reality rarely rears its ugly head in primary season.
the
Long Hill Institute of Educational Policy has pinpointed one group
that is passionately supporting Bernie 's plan. College
administrators are audibly salivating.
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