Your tax dollars at work!
If you live in New York state and have been wondering how you would ever get that Gender Studies degree that you wanted to much, but couldn’t afford, wonder no more!
Because collidge is, as Gov. Andrew Cuomo says, the new high school, and literally everybody’s gotta go to collidge, the state has ponied up $163 million in tax monies to provide free tuition at any state-run four-year university or two-year community collidge–if your family does not earn more than $125,000 a year ( http://www.csmonitor.com/EqualEd/2017/0410/A-first-New-York-will-offer-free-tuition-at-all-four-year-state-colleges-for-qualifying-families ).
Did I say “free”? What I meant was that other people have to pay for it. The state sucks it out of people’s paychecks, that they worked for, in taxes. I mention it because many people don’t understand that the government has no money of its own. It only has what it can take from the people.
Another thing that a lot of people, including Gov. Cuomo, don’t understand is that value is closely tied to scarcity: the law of supply and demand.
What does he suppose a college degree will be worth, if literally everybody has one? And what happens when employers look at some 30-year-old recent grad’s degree in Comic Book Interpretation and say to him, gently but firmly, “Go away”?
I suppose it just might make some small amount of sense if, say, a state had a crying need for engineers, so it offered a financial incentive to students who earned a degree in engineering. But this is not what is being proposed. They are talking about degrees in bloody anything.
All this does is cram multitudes of young people into an already bloated and over-funded university system, where they provide the Democrat Party with an army of chumps available on short notice to protest whatever they are told to protest.
The only upside to this, in the long term, is that anybody in New York state with the foresight to become a plumber or an electrician will be able to write his own ticket in golden letters.