The False Promise of Progressive Free-College Plans

(Jonathan Drake/Reuters)
They will almost certainly cost far more — and accomplish far less — than their supporters claim.

NRPLUS MEMBER ARTICLE T hroughout this election cycle, progressives have pushed for a two-part solution to the so-called student-debt crisis — and Joe Biden is now on board with their aims.

Biden has called for forgiving student debt — at least $10,000 per borrower — and endorsed Senator Bernie Sanders’s original plan to make public colleges and universities free for families earning below $125,000 a year. Student-debt forgiveness is supposed to atone for past policy sins while free college is supposed to avoid future ones. Here is how Senator Elizabeth Warren describes the two-pronged approach:

Once we’ve cleared out the debt that’s holding down an entire

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