Obama made an announcement last week at the Pellissippi State Community College in Knoxville, Tennessee, about an $80 billion government program that hopes to give young adults “free” college education.
No matter that a college degree isn’t actually worth much of anything these days anyway, the government now plans to subsidize the industry even further.
According to Obama’s new plan, which will be discussed further in his “State Of The Union” address later this month, the government will pay for every american teenager’s first two years of college, leaving them to pay for the rest.
“Community colleges should be free for those willing to work for it, because in America, a quality education cannot be a privilege that is reserved for a few,” Obama said.
The federal government will put forward $60 billion of the money needed, leaving the states to come up with the other $20 billion. The project will span over the course of ten years.
However, the plan was met with criticism, even among democrats. Tennessee Democrat Steve Cohen said in a recent statement that “He shouldn’t be holding Tennessee Promise out as a model because it’s not a model, It’s a facade to cover up what is a dying system that hasn’t been funded.”
Many critics have also pointed out that this plan would lay a heavy blow to community colleges that are already experiencing financial problems.