Free college education Bernie says . . . for what, Bernie? For a larger voting base? Yes, for sure. However, this proposal is another political scam of America's youth . . . and here are the reasons.
Nobody can know the value of what an education would be. That is why the marketplace should determine this value. Moreso, the market place will always determine the value.
The problem is that students, just out of HS, have no way of knowing the value of their education four years in advance of marketplace demand. Students are carrying 100% of the risks for their education and being the least equipped in predicting market value.
And for this problem, the colleges need to put skin in the game and share risks for the programs they offer. Risk sharing being . . . colleges share the government-backed loan risks if the market for that degree collapses and the students can't get jobs to pay back their loans. This would clean up the college curriculum and state-funded programs. The value to the economy and America's youth would be tremendous.
Free education doesn't solve a thing. It only makes these problems worse for students in that they end up with worthless degrees that the market won't support.
If people want to get a degree in underwater whistling, fine. They can pay for these marketless "degrees" entirely from their parents . . . not through the government with government backed loans. The reality is that 25% of these loans will never get paid back. That means your tax dollars are making college professors and administrators rich while destroying the lives and careers of young Americans.
As I see it, government schools and government backed loan programs are the biggest scam today defaulting the economic livelihood of young Americans. Free college education would be a worse solution. Making these institutions economically accountable would fix this problem promptly. I'm surprised most students don't sue their colleges for providing these worthless programs and crappy education which do not market. There is an implied agreement that nobody is enforcing.
By the way, a disastrous "free" education example already exists. It is called High School. Students come out of that institution clueless and without the skills needed to go directly into the workplace. Companies now have to train these skills into fresh grads which is expensive and risky. Why isn't a "Free" education in high schools providing practical job skills? When education in American was viewed as a practical learning experience, this was the case. Now, high schools are used as preparation for college programs to serve universities issuing too many worthless degrees. Poor deal for kids who just want a better future.
Our education system in the USA has gone off the rails. In most respects, it is now a political training enterprise. Political training, sex, and PC education is the only real-world schooling these kids get. I would also argue that these "progressive" government institutions are also creating generations of kids that would be economically strapped to the government for life. Either in a loan they cannot repay or government assistance (welfare & unemployment). A terrible situation right now . . . and more free stuff is the answer? Ok. Sure. What happened to the grown-ups in American? Oh, that's right . . . these are the same grown-ups, once kids themselves having been "educated" in that corrupted institution known as "American Education".