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- As the frontrunners in the Democratic Party Presidential nomination race battle each other to offer more and more free stuff (funded by the 'rich' paying their 'fair share') - most notably "a college education" - one state that did just that has had some rather unexpected results.
- All sounds awesome, right? Free college, the promise of increased earnings potential, no debt worries to reduce your post-grad consumption capabilities...
- Well, as Bloomberg details, Republican-controlled Tennessee has tried this "free college" approach with its Tennessee Promise program... and the results are disappointing to say the least.
- The state became the first in the U.S. to offer tuition-free community or technical college for every graduating high school senior when the program was signed into law in 2014.
- The good news (maybe) - The state’s college-going rate of high school graduates rose to 64% in 2015, the first year of implementation, from 58.1% the year before.
- The bad news (definitely) - Among the first batch of Promise students, the roughly 16,200 who started college in fall 2015, about 18% dropped out after one semester. After three years, about 49% had quit.
- So, not exactly surprising really - enrollment rates soared (well, it's free!) and dropout rates remain terribly high (and clearly a waste of 'rich' taxpayers money).
- So maybe there's more to this whole "education" thing than simply being free...
- “There are just inherently complex social and emotional factors that a financial aid program doesn’t address,” says Mike Krause, executive director of the Tennessee Higher Education Commission & Student Assistance Corp., which administers the program.
- As Bloomberg notes, Promise is what policymakers call a “last-dollar” program, meaning it pays the cost of tuition not covered by federal Pell Grants or state awards and scholarships. The program doesn’t cover expenses associated with being a student such as transportation, child care, school materials, and other costs. Funds can be used at the state’s community and technical colleges, as well as universities with eligible programs.
- Which means Democrats should focus on not just free college, but free transportantion to college, free child care, and free school materials... because that will fix everything.
- There is one group who are cock-a-hoop at the government paying for students to attend college...
- Terri Bryson, a vice president at Motlow State Community College, which has graduated 1,566 Promise students, proclaims that free tuition has “done a great, huge job, but it’s not a magic wand."
- Indeed, you get a government-guaranteed income stream and more students!
- So, if what you want for America is more students dropping out of colleges, vote for "free college" - otherwise, let's leave the meritocracy well alone because government intervention has not worked (just look at the student loan debacle - sponsored by government-provided loans) and more intervention will create - as Tennessee shows - more unintended consequences.
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