If people can’t borrow $4,000 and go to a school like mine, they’ll borrow $40,000 and go to a private one.
The only result of Elizabeth Warren’s plan to eliminate tuition at public colleges will be ballooning student debt and the closure of schools like mine.
We survived during the Illinois budget crisis because we had tuition. Without those funds, it would have been impossible literally to keep the lights on for 2 years with zero dollars in funding. We would have closed if Warren had her way.
Illinois is on the verge of bankruptcy, so this is not a one-time problem. Let me repeat: if my university can’t charge tuition, it will die. Our tuition is very reasonable. It’s the lowest in the state.
Nobody gets $100,000 in debt by coming to us or to the local community college. People get $100,000 in debt by going to pricey private schools. Which will be the winners if Warren’s plan is made reality.
And it’s the same thing with federal funding. The federal debt is out of control. There are constant government shutdowns. We can’t exist in complete dependence on government funds.
Warren has no chance at winning but I’m writing all this so that people think one step ahead in their favorite theories. Nobody supports Warren because they are evil. Nobody wants to cause harm. But supporting populism always leads to harm.