For these states and cities, funding college is money in the bank

Authored by pbs.org and submitted by ImNotYourBuddyGuyy
image for For these states and cities, funding college is money in the bank

As we discussed with Senator Bernie Sanders, college debt is a huge problem in our country. Roughly two-thirds of students finish school owing nearly $30,000.

Sanders is not alone in his call for free public college. Many of the 2020 presidential candidates have started laying out their own plans.

As those ideas take shape, a number of states and cities are creating their own plans to provide grants and money for the very youngest to ensure that they can eventually go to college.

Hari Sreenivasan has the story for tonight's Making the Grade. And it's part of a special series on Tuesdays this month about Rethinking College.

bustergonad on May 8th, 2019 at 19:32 UTC »

There's evidence that just having a college savings plan results in people saving more, so I think this is meant to be a catalyst, nobody thinks $100 compounds to the required amount.

Dan Ariely might be the behavioral economist behind this, he's an interesting man.

https://www.theatlantic.com/business/archive/2015/11/savings-app-behavioral-economist/414522/

PermianWestern on May 8th, 2019 at 14:28 UTC »

Cue 1000s of cheapskate parents asking questions about how they can get that $100.

ReallyNotTheJoker on May 8th, 2019 at 13:49 UTC »

Oh boy, it’ll surely keep up with the college tuition hyperinflation