That article isn't really saying much. It certainly doesn't address the fact that tuition has risen faster than inflation. The whole history of higher education is a mish-mash of private and public funding, but before the US Civil War the first few historically black colleges were private. And consider that in 1960 having a college education was only 7.7% of the population and now it's almost 40%, so the feasibility of a free ride isn't exactly there. College education could have all the positive externalities in the world and it wouldn't change the economics of throwing money around. K-12 is even worse off with the yearly cost getting to $30,000 per pupil. That's double the cost of an Ivy League college and I don't think you could come even close to arguing that public K-12 has been taken over by evil businessmen. "For the rich to get richer, it works quite well!" And yet every country that switches to a (largely) free market economy sees an uplift out of poverty. Just maybe not if you're only counting how many Mazaratis they have in their garages. |