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It's been covered over and over and over and over.
He was going to enact a small fee on trades. So many would be financing their kids college that way. Once a person graduates the vast majority get into setting up for their futures also, so while they aren't paying while in college they would when they get out.
No different than with a loan. The banks simply can't hose you with inflated rates this way.
By fee on trades, I assume you mean stocks.
So he was going to bring down the value of the stock market, hurting the portfolios of millions and millions of middle-income Americans' retirement funds.
I don't have children, yet I cover free education k-12, free lunches for those in need, child tax credits, and Medicaid for children whose parents can't afford to provide for. That's enough. I shouldn't have to pay for every kid to get a free education too, and lower the value of a degree in the process.
There are plenty of ways to get a college education. Start at community college. Get academic scholarships. Work part-time, live at home, and take six years instead of four. Get a job with a university that offers free classes to employees. The answer to getting what you want isn't always: have someone else fund it.
Just an example of the cost of daycare today. I have 3 kids. Both Mom and Dad work. We were fortunately able to keep Mom home for the first year of each child's life. Costs for each kid were 1200 per month for 48 months. 172,800 bucks to put 3 kids in daycare.
Like college educations, the cost of child care has exploded. It is crippling many families. I don't think this is the solution but it is a problem that society should address.
Also- many parents already get "vouchers" for childcare costs. I'm not sure how this would change that.
Just because someone doesn't have parents that are middle class at least does not mean they are marginal students.
Where did I say that? But marginal students, regardless of class, should not expect taxpayers to send them through college. It ruins college for the B and above students. Let the marginals go to vocational training.
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