Public college costs are soaring at an alarming rate. From 1972 to 2015 public college costs have increased from $500 per year to $9139. That’s a staggering 1,728% increase over that time period!
Over the last 7 years alone, Arizona, perhaps the worst in the country, has seen public college costs increase 72% between 2008 and 2015. In addition, because of the crippling costs of public college education, the US ranks 14th in college graduation amoung 27 OECD member nations.
As of 2015, overall college debt has reached $1.1 Trillion! That is money that won’t be put back in the economy. That is debt that students will focus on and essentially not participate to a large extent in the retail economy for many years.
Vested Economics Will Make College Affordable
Vested Economics will quite literally change the education system in our country as we know it today. Millions who could not afford college will be able to attend at no cost.
Universal Education doesn’t have to be a pipe dream. Nor do we have to raise taxes to fund universal education. All we need to do is equitably apply the market surplus every American produces and distribute it back to them. We call that National Vesting and it is the future of our country.
Vested economics will enable our country to erase roughly $1T in college debt. The best news is we won’t have to raise taxes on anyone.