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Georgetown University report finds Joe Biden's free public college plan would pay off within 10 year
https://www.cnbc.com/2020/10/13/report-finds-bidens-free-college-play-would-pay-off-within-10-years.html1980s, when the Reagan Administration cut higher education funding and student aid. Over the past 10 years alone, college costs have increased by more than 25% and today, some 44 million Americans collectively hold over $1.6 trillion in student debt.
To address such concerns, Democratic nominees former Vice President Joe Biden and Senator Kamala Harris have proposed a lengthy education plan that includes an eye-catching proposal: tuition-free public college for all families with incomes below $125,000.
According to an analysis by the Georgetown University Center on Education and the Workforce, the policy, which also proposes tuition-free community college, would pay for itself within 10 years.