We’ve Been over the Huge Price of “Free” College before

Hillary Clinton will be introducing a plan today that would enable students from families eventually making up to $125,000 not to have to pay tuition at in-state colleges or universities. This is a jump in college subsidization from her previously announced plan, which focused on debt-free tuition, and more in line with what Bernie Sanders has proposed. Presumably, it is going to be paid for by the federal government offering states more money for higher education in exchange for states saying they’ll increase their own spending, to a point of making tuition largely free.

We’ve been over how costly “free” college really is–massive overconsumption, credential inflation, big opportunity costs for taxpayers, etc.–which you can read about here and here. I won’t rehash it all now. But the political calculus hasn’t changed: People like getting things for free, especially when the ultimate costs are hidden. And the more people who think they’ll benefit–the estimate is 8 out of 10 for Ms. Clinton’s new proposal–the better.