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European-style tuition-free higher education has proved one thing beyond the shadow of a doubt: Free college is actually wildly expensive. //
England had a free-college policy between the 1960s and the 1990s. Enrollment soared, straining government revenues. Ultimately, England had to lower resources by 39% per student.
Ultimately, England’s free college policy wound up hurting low-income students the most, as schools were forced to cap the number of students admitted.
In fact, according to researchers at the National Bureau of Economic Research, “the gap in degree attainment between high- and low-income families more than doubled.”
European countries that offer tuition-free higher education also struggle with the issue of completion. Finland, for example, ranks first among all Organization for Economic Cooperation and Development countries in terms of subsidies for higher education, with 96% of all higher education funding coming from public sources. However, Finland ranks 25th among OECD countries for degree attainment.
France famously touts its tuition-free university system. Seldom, however, do its boasts note that almost 50% of French students drop out or fail out after just their first year.
It is clear that transferring the entire cost of higher education from students to taxpayers is fraught with unintended consequences. //
Countries such as England and Poland actually saw significant increases in higher education quality and access after reinstating private tuition payments in their countries. It appears that there is some value in requiring students to invest in their own education.