Agree or Disagree with Free College for everyone using sound economic theory. Make sure to evaluate the benefits and costs to society of such a policy in the short and long run. Make sure to apply economic theory in each aspect of your responses, be coherent and clear. Include economic data and/or graphs in order to maximize your score. The outline should be in bullet form or a short paragraph displaying the main points you will discuss and how you will divide the workload.
Conduct research from viable and credible sources such as and not limited to economic journals, periodicals, books, data base, and websites. Make sure to have no less than five sources to support your ideas. In addition, include in-text citations, statistics and graphs to support the credibility of your writing.
In this written assignment, the quality of your writing and the application of APA format will be evaluated in addition to your content. Evaluation based on these criteria is designed to help prepare you for your college projects, which must be well written and follow APA guidelines. Each written group assignment should contain a minimum of 1200 words, but no more than 1500 words. Make sure that you use correct spelling, grammar, and punctuation. Including graphs and/or tables absolutely adds to your final product.
ANSWER
Free College for Everyone
Many controversies surround the ‘free college for everyone” advocacy, but one thing that remains certain is that there will be considerable benefits if we live to see it through. The American economy and other government systems have been unjust to many students who have found it hard to cater to their school fees. The immense burden of debt that comes with sponsorship from the government lingers for a long time before students can fully cover the loan. This not only sets them back financially but disrupts the socio-economic field for such people compared to their counterparts who paid their own college fees (Alexander, 2020). Nonetheless, I believe in the advocacy for free college for everyone, as this will create many economic benefits for the country, families, and the students in question. Therefore, this essay will analyze the economic theories that will indicate the benefit of advocating for free college education for every student in America.
Increase in disposable income
The Biden administration climbed into power, intending to make community colleges and four-year public colleges free for students from households earning $125,000 or less (Bell, 2020). According to a statistical analysis conducted by the senior analysts of Sonecon, if the bill for free college will be passed, such a household would increase America’s disposable income by $61 billion. With such an increase, the country would ultimately see its GDP increase by $136 billion in the next year (Berman, 2021). This will also stimulate the economy, as an immediate economic boost will be notice and the country accumulate long-term benefits in the long haul.
Increased number of graduates
The focal point of this debate is the students who qualify for college enrollment but do not have the means to cater to their school fees. A progressive America struggles to promote equality for all, and free access to college education could see such dreams realized. Consequently, with the introduction of free college education, a survey conducted by the Campaign for Free College and Rise indicated that the number of student enrollment in colleges would increase by 776 200 (Berman, 2021). This accounts for an increase of 42.7%. In addition, the number of students graduating with a bachelor’s degree would increase by 558,000, a 15.3% increase. With such numbers enrolling in school, there will also be a personal financial increase in their endeavors. According to the survey, the graduates would earn 16% more for an associate and 67% more for a bachelor’s degree than if they would only graduate high school (Winograd & Lubin, 2020).
Equal opportunities
Free college for everyone will also ensure that the social, political, and economic fields will be leveled for everyone. The huge fees associated with private and college fees have long affected students from low-income households. The survey suggests that the situation is not as everyone anticipates for the students who receive scholarships. The survey suggests that students who receive scholarships often struggle with the complexity of seeing the scholarship through, as most of them are riddled with bureaucracy (Berman, 2021). This ultimately leads to bright and gifted students giving up on the applications, hence adding to the huge number of students who fail to go to college. Luckily, with a free college education, many students will enroll in schools and explore the many opportunities America has in store.
Equal opportunity will also include inclusion, especially for people of color. According to Robert Shapiro, an under-secretary during the Clinton administration, 16% more white people are likely to attend college compared to black students. They are also 18% percent more likely to go to college than Hispanic people (Berman, 2021). With these numbers, it is a no-brainer that the whole country should advocate for free college for all, as this will mark the beginning of greater things that nobody can fathom at the moment.
References
Alexander, M. (2020). America this is your chance. The New York Times, 8.
Bell, E. (2020). The politics of designing tuition-free college: How socially constructed target populations influence policy support. The Journal of Higher Education, 91(6), 888-926.
Berman, J. (2021). Biden;s free-college proposals could boost economy by $160 billion-but it may still be a tough sell in Congress. Retrieved from https://www.marketwatch.com/story/bidens-free-college-proposals-could-boost-economy-by-160-billion-critics-say-it-would-cost-600-billion-11611250984
Winograd, M. & Lubin, M. (2020). Tuition-free college is critical to our economy. Retrieved from https://edsource.org/2020/tuition-free-college-is-critical-to-our-economy/641232
Our Advantages
Plagiarism Free Papers
All our papers are original and written from scratch. We will email you a plagiarism report alongside your completed paper once done.
Free Revisions
All papers are submitted ahead of time. We do this to allow you time to point out any area you would need revision on, and help you for free.
Title-page
A title page preceeds all your paper content. Here, you put all your personal information and this we give out for free.
Bibliography
Without a reference/bibliography page, any academic paper is incomplete and doesnt qualify for grading. We also offer this for free.
Originality & Security
At Homework Sharks, we take confidentiality seriously and all your personal information is stored safely and do not share it with third parties for any reasons whatsoever. Our work is original and we send plagiarism reports alongside every paper.
24/7 Customer Support
Our agents are online 24/7. Feel free to contact us through email or talk to our live agents.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
Our Services
We work around the clock to see best customer experience.
Pricing
Our prces are pocket friendly and you can do partial payments. When that is not enough, we have a free enquiry service.
Communication
Admission help & Client-Writer Contact
When you need to elaborate something further to your writer, we provide that button.
Deadlines
Paper Submission
We take deadlines seriously and our papers are submitted ahead of time. We are happy to assist you in case of any adjustments needed.
Reviews
Customer Feedback
Your feedback, good or bad is of great concern to us and we take it very seriously. We are, therefore, constantly adjusting our policies to ensure best customer/writer experience.