It’s been a glum few weeks in the world of higher education. We officially learned that states kept slashing their funding for colleges and universities in 2012, and tuition in turn kept on rising. Student loan debt expanded over the year, and more borrowers are falling behind on their debt.
In other words, same as it ever was (same as it ever was). The price of a degree has been going up faster than family incomes for decades now, and nobody has a clear fix yet. So rather than bemoan college costs like most days, I thought we could have some fun mulling over a radical solution: What if Washington just went ahead and made tuition at state schools free (or close to it)?