In response to:

Free College: A Liberal Idea Worth Trying

Mike4367 Wrote: May 08, 2012 9:12 AM
The bottom line here is that nothing of value can be free unless everyone involved in producing the good or service worked for free. To keep those people viable, everyone supplying the goods and services they need would need to work for free. That would mean all of us would work for free. In that kind of system, everyone would be incented to do the minimum needed to get through each day.. It is reminiscent of the factory worker in the Soviet Union who told a Western reporter, "They pretend to pay us and we pretend to work." Seriously, the Pilgrims attempted to construct such a society. Half of them starved.

Young Americans face tough times: Record-breaking youth unemployment—including for those with college degrees—and high levels of debt from student loans have left millions unable to live independently. They are living in Mom and Dad’s basement, putting off marriage and family, and are down-scaling their aspirations when they should be dreaming big.

Katrina Vanden Heuvel, writer for the liberal The Nation, wants to provide relief for this struggling cohort. In a recent piece for The Washington Post, she proposes that we need to dramatically change the way we approach higher education financing.

She’s right about that. Unfortunately, she calls...