my question is, Would a plan to make it easier for parents to save for their children's college education be a good thing or a bad thing? What if their children took that money and used it to go to a private university like Harvard? Would that be a threat to public universities like the University of Michigan or the University of Virginia? Or would that make schools like the University of Michigan and the University of Virginia try even harder to compete for students that might otherwise go to Harvard? If allowing parents to send their kids to Harvard is not a threat to public universities, why would making it a little easier for parents to send their kids to private schools be a threat to public schools at the elementary and secondary level? Could it be that many parents would vote with their feet and take their kids out of bad public schools and put them in private schools? That would force bad schools to clean up their act or shut down, which is exactly the point.
David Weldon: “my question is, Would a plan to make it easier for parents to save for their children's college education be a good…”
Editor's note · Context
Discussing the implications of making college savings easier for parents on public and private education.
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