Jeb Bush & Higher-Education Reform: Forget ‘Free College’
Andrew Kelly and Jason Delisle for National Review
Federal higher-education policy is in shambles. The strategy of the past 40 years — to increase student aid, watch tuition rise, and increase student aid again — has reached a breaking point. Federal loans flow freely with few questions asked, giving colleges every incentive to raise tuition and enroll more students, but less reason to worry about whether those students learn anything. Tuition at the average public four-year college has nearly quadrupled since the early 1980s, pushing more students into debt. Meanwhile, low completion rates and stagnant wages have left 7 million borrowers in default. Making matters worse, generous loan-forgiveness programs pushed by the Obama administration effectively reward students for borrowing more, not less.