Forget “Free”

The “free college” movement, fueled to a large degree by Bernie Sanders during his 2016 presidential bid, is a response to concerns about increasing college-tuition rates, concomitant stagnation in state and federal grants, and a corresponding student-loan debt load that has ballooned to roughly $1.4 trillion. Indeed, inflation-adjusted data provided by the College Board shows that the average sticker price of higher-education tuition (excluding room and board) over the past ten years has increased 32 percent for two-year public colleges, 37 percent for four-year public colleges, and 26 percent for four-year private nonprofit colleges.

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