Starting this fall New York State is going to become the first state in the nation to make college tuition free at all state colleges to everyone of its high school graduates whose household income is below $100,000 a year, which over the next few years rises to $125,000.
I’m going to be interested in seeing how the residents of New York are going to like the hike in taxes they are going to have to pay in order for the state to afford to run the state colleges at the same level of excellence they operate at now. Of course we all know that once the state is pulling all the purse strings that wages are going to become stagnate and every decent professor will leave to find better employment leaving the state with unmotivated instructors teaching kids that put no value on their education because they have nothing invested.
However what we find out is free college tuition isn’t really free. It comes with restrictions. The students must live and work in New York State for an equal number of years that free tuition has been received. So if you get a 4 year degree in the typical 5 years you’re being held as a prisoner of the state for the 5 years after you graduate or face having to pay back the roughly $26,000 the state paid for your education. I guess that’s one way to keep the population from fleeing the state.