Could the federal government afford to pay tuition for every public college student in America?
What if we told you that the federal government already spends enough on student aid to foot that bill?
Writes Jordan Weissmann for
The Atlantic:
Here's a little known fact: With what the federal government spent on its various and sundry student aid initiatives last year, it could have covered the tuition bill of every student at every public college in the country. Doing so might have required cutting off financial aid at Yale, Amherst, the University of Phoenix, and every other private university. But at this point, that might be a trade worth considering.
Read the full story
here.