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5 Reasons Why College Should Be Free: The Case for Debt-Free Education

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Video Should education be free

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The cost of college is rising even faster than inflation in the U.S. Many students around the world face financial constraints when it comes to attending college. Because education is such a vital part of life, there are many reasons why college should be free.

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Not only do the arguments for debt-free education include personal benefits, but they also show how education helps to positively impact society overall.

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Thankfully, the progression in technology is making it possible to increase access to education globally.

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However, there is still a long way to go and more schools and countries are weighing the pros and cons of offering an affordable education. The ability to provide free education for all is becoming more of a possibility as time progresses.

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Watch more: Happy Birthday Letter: 4 Format Templates

College graduates at affordable university

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Watch more: Happy Birthday Letter: 4 Format Templates

5 Reasons Why College Should Be Free

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Here are 5 reasons that support the case for debt-free education:

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1. Improves Society

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When people are more educated, they can solve problems better. This means that society can progress at a faster rate.

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Additionally, people with education can better understand the history of their society and its current economic conditions. As such, they may be more inclined to participate in politics and improve their country.

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Also, when more people have access to a college education, the number of employable people for high-skilled jobs increases. This means that more people will join the workforce, which could help lessen the wealth gap between the upper, middle, and lower classes.

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2. Widened Workforce

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Along with technological progressions comes a shift in the workforce. Most automated jobs are replacing low-skill workers. Automation is spreading quickly across positions that require repetition, like back-office tasks.

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However, automation is not meant to replace the entire workforce. Instead, the needs of most economies are shifting to require a more skilled workforce, with people who have good analytical skills and creative thinking abilities. These skills are both taught and honed with a college education. If more people could attend college for free, then the workforce will expand.

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The workforce will also be more agile. In the case of an economic downturn when one industry falters, another generally rises to replace it. Then, workers need to be retrained and taught skills for the job. If more people could enter school and gear their studies towards booming industries, then the population will be more equipped to cope with economic changes.

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Watch more: Happy Birthday Letter: 4 Format Templates

3. A Boosted Economy

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Most students graduate with a massive amount of debt. For example, in the U.S., the average student debt per person is $31,172.

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When students graduate with debt, they will likely continue to add to their debt with interest. As such, it can take many years before they manage to dig themselves out of debt that only seems to keep growing. In the meantime, this delays spending on such things as buying a house or a car.

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On the other hand, if people were to graduate without debt, that could fast track their ability to earn, save, and spend. This helps to stimulate the economy. With increases in consumer spending, there is more demand. More demand in spending also relates back to higher demand in the workforce or more opportunities for employment. This spurs a positive cycle of economic activity.

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Furthermore, the fear of being in debt can cause students to avoid school entirely. But, if the debt wasn’t a reality, then the younger generation may feel more motivated to go to school in the first place.

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