The President says some good things here but there is a fatal flaw in his proposed approach.
Only be paying for it yourself by the sweat of your brow will you truly understand and value a higher education degree. Financial risk is a marvelous motivator and can push you to levels of achievement you never thought possible. This is where the President goes off the rails. He talks about providing higher ed through taxpayer subsidy. What level of accountability will be attached to said subsidies. My guess would be little to none at all. And since when should I be paying for someone else’s college degree? I have two kids of my own to provide for. More taxes from me to cover someone else makes it that much harder for my wife and I to help our kids.
Just more snake oil to keep the base “on the plantation”. Very sad.