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So taxes don't pay for that?
If they did, then 35% of American students would not be graduating with a student-loan debt of $35K to repay.
From here (Time, Jan. 2016): Why the Student Loan Crisis Is Even Worse Than People Think - excerpt:
Average student loan debt at graduation has been growing steadily over the last two decades. In 1993-94, about half of bachelor’s degree recipients graduated with debt, averaging a little more than $10,000. This year, more than two-thirds of college graduates graduated with debt, and their average debt at graduation was about $35,000, tripling in two decades.
Student loan debt is increasing because government grants and support for postsecondary education have failed to keep pace with increases in college costs. This has shifted much of the burden of paying for college from the federal and state governments to families. The government no longer carries its fair share of college costs, even though it gets a big increase in income tax revenue from college graduates.
Since family income has been flat since 2000, students must either borrow more to pay for college or enroll in lower-cost colleges. That shift in enrollment, from private colleges to public colleges and from four-year colleges to two-year ones, has also been responsible for a decline in bachelor’s degree attainment among low- and moderate-income students.
Not to worry. Donald Dork is going to dip into his own wealth to fix the problem ...
PS: Betsy DeVos picked for Trump's education secretary - excerpt:
President-elect Donald Trump tapped Betsy DeVos, a top Republican donor and school choice activist, to head the Department of Education, the Trump transition team announced Wednesday.
Trump met with the billionaire donor and conservative activist this weekend at his golf club in New Jersey, where he hosted a slew of potential Cabinet appointees. Trump offered DeVos the position on Tuesday and she accepted the same day, a senior Trump transition official told CNN.
"Betsy DeVos is a brilliant and passionate education advocate," Trump said in a statement Wednesday. "Under her leadership we will reform the US education system and break the bureaucracy that is holding our children back so that we can deliver world-class education and school choice to all families."
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