America’s College Promise Plan

On 9 January 2015, President Obama announced the America’s Promise College Plan, which makes two years of community college “free” for students who attend at least half time, maintain a 2.5 GPA, and make steady progress towards a degree. First, the tuition that is free for the student must be funded from somewhere, whether taken directly from the productive members of society via new taxes now or stolen from society as a whole via inflation to fund the deficit. I’m not foolish enough to think that anyone would actually make a cut somewhere to fund it.┬áSecond, the fact that students must maintain a 2.5 GPA may cause students to work harder to keep their subsidized status, but it will also surely cause schools to be more lenient in grading . After all, the instructor who gives a student less than an 80 threatens the very tuition the instructor and school depend on.