The Party of Free

The Democratic Party’s Presidential candidates are almost tripping over themselves with promises of free stuff for the people.  This week Bernie has come up with a plan to tax investors (individuals and investment fund managers both large and small) so they can offer “free” education to those who want it, eliminating the problem of student debt.  Of course, Bernie doesn’t frame the tax as something paid by the average person, it will be paid by all those “greedy guys” on Wall Street.

To support him, Rep. Alexandria Ocasio-Cortez has weighed in to show how someone was accepted to her “dream college” but actually had to pay for it herself, and now has about $240,000 in student debt.

These two positions by prominent advocates for socialism raise two questions for me.  The first, why should someone go to college and incur debt with no plan to repay it?  The second, what happens to individual incentive when everything is free?

President Eisenhower, in his Fair Well address to the nation, warned of the Military-Industrial complex we had created with World War II, the Korean War, and the Cold War and how their growing power was influencing government spending.  I think the same could be said for the Education is Mandatory Complex.  The cost of secondary education in the US has far outpaced the inflation rate due to the growth of colleges into mega-institutions of political indoctrination.   

When I graduated from high school, my mother had conditioned me that I would go to college for the better life it offered.  I wanted to be a flyer in the Air Force and to get to that point I needed a college degree, so both Mom and I had mutually supported goals.  At the time I went, there were tens of thousands of young men who were going for other reasons, many young men went to avoid the draft and the likelihood of war in Vietnam, others went to find themselves, still, others just to get away from home.  All were promised a pot of gold at the end of the rainbow.  The colleges offered the opportunity for good jobs and career advancement over peers who had not gone.  That was pretty much a lie then, and it remains so now.  What the right colleges offered was tremendous networking opportunities, and an entryway to further education if you chose.

Fortunately for me, when I went to school the cost of even a private college like I attended was still within the realm of affordability.  I chose a path that got me through and commissioned into the Air Force so I guess you could say I was a success.  But I know several friends who spent four to six years hiding from the draft only to leave and find work as machinists, landscapers, and woodworkers.  Was college really that important to what they wanted for their careers?  By the way, does everyone have a career or do most just have jobs?

Today we have a bloated industry full of self-righteous professionals making six-figure salaries while telling us they are invaluable and we, the rest of the nation, should pay our fair share so they can continue to grow their mega-universities.  Are their arguments all that different than the televangelists who promise God’s salvation if we would just send them a monthly donation of say $50?

Should I feel bad that a girl went to her “dream university” when her parents couldn’t afford it, and her performance didn’t warrant any scholarship offers?  Sorry, I don’t.  The reality: there is a cost to making bad choices, outrageous student debt seems to be one of those costs.

Now let’s talk about what happens to human incentive when everything is free.  First and foremost, who can point out a successful human endeavor that was accomplished without a cost?  Go ahead, I’ll wait.

While I’m waiting I’ll just point out that free housing to the homeless has not solved homelessness.  Free money to the poor has not, for the most part, brought them out of poverty.  Free K-12 education has not eliminated illiteracy.  All the social safety nets we’ve built in this country has not eliminated crime.  Grand (free) mental institutions to house the insane has not made the problems of insanity less problematic.  Oh yes, none of these free things were actually free.  Someone had to pay for them, who was that again?

A story from my childhood education seems relevant here.

There once was a poor immigrant who arrived in America virtually penniless.  He got a job rowing boat in New York City.  He scrimped and saved his meager salary until he could buy his own rowboat to carry people between Manhattan and Staten Island.  It’s a rather long story but it ends with his becoming one of the richest men in the world.  To me, that is the American Dream.  Not the idea that people with money should give it to people who don’t so they can have free stuff.