Re:Tennessee begins free community college plan
by mjn on Thursday April 24, 2014 @11:17AM
(#7640801)
Denmark spends about 0.7% of GDP on the "SU" student support system [1]. The same proportion of American GDP would be $110 billion; $24 billion would be a mere 0.15% of GDP. So I don't think there's a feasibility issue; it's clearly possible to spend as much as 0.7% of GDP on such a scheme. The U.S. has many more students, but also a much larger economy. I agree that such a scheme would be politically difficult to pass in the United States, though. I suspect the U.S. will end up spending a pretty large amount of money anyway, but on a more haphazard scheme rather than direct grants, such as occasional student-loan amnesties, or more heavily subsidized loan interest rates.
[1] Somewhat outdated figures, but I believe still roughly accurate: http://www.sustyrelsen.dk/udst/in_english/cost_of_study/kap4...
Re:Tennessee begins free community college plan
by e12e on Thursday April 24, 2014 @03:47PM
(#7642519)
But if higher education was already free, why would the poor go to war for corporate America, defending big oil wherever needed around the world ?
Re:Tennessee begins free community college plan
by pjc50 on Thursday April 24, 2014 @11:57AM
(#7641072)
So, I googled for "24 billion" to get an example of the sort of thing the US government spends that kind of money on without a second thought. I was expecting to find some piece of military hardware. No, it's even more ridiculous:
http://money.cnn.com/2013/10/16/news/economy/shutdown-econom...
$24bn is the estimated cost (to the economy as a whole, rather than the government as a specific billed item) of the totally unnecessary government shutdown last year. It is literally the amount of money Congress can waste without thinking, or while trying very hard to avoid thinking.
Re:Tennessee begins free community college plan
by cobrausn on Thursday April 24, 2014 @12:05PM
(#7641124)
I'm aware of how the government spends on other inane things - my point was that spending the 24B on this is probably not going to happen in the current political climate, regardless of whether or not you think it is a good investment.
Re:Tennessee begins free community college plan
by humanrebar on Thursday April 24, 2014 @12:36PM
(#7641313)
I think it would sell well, assuming you're raising someone else's taxes or cutting an unpopular budget line item.
Re:Tennessee begins free community college plan
by GFK_of_xmaspast on Thursday April 24, 2014 @01:26PM
(#7641631)
The only taxes you're allowed to raise in the US any more are on poor people.
Re:Tennessee begins free community college plan
by humanrebar on Thursday April 24, 2014 @01:38PM
(#7641698)
Which taxes on poor people have been raised?
Re:Tennessee begins free community college plan
by Dewie on Thursday April 24, 2014 @11:35AM
(#7640919)
Why are you comparing absolute numbers? Eyeballing it, it doesn't seem like the proportion of college students compared to the rest of the population is very different between the two countries.
Re:Tennessee begins free community college plan
by cobrausn on Thursday April 24, 2014 @12:08PM
(#7641137)
You are right, they aren't terribly far apart in proportional terms (I had a decimal place off in my initial calculation that threw me off... hadn't had my coffee yet). I agree that this is economically feasible and may even be a good investment, but is probably a no-go given the current state of US politics, i.e., broken.
For reference, it appears Denmark has about 230,000 enrolled college students.