Advantages and Disadvantages of Free Community College

Vice President Biden has proposed two years of free tuition at community colleges. The subsidy would cover all students including undocumented students and part-time students. The federal government would pay ¾ of the subsidy and state governments would pay ¼ of the subsidy. What are the advantages and disadvantage of this proposal? How might the proposal be improved or extended?

Short Answer: The increased subsidy for community colleges expands access to higher education for many students. However, the increase in the relative price of four-year to two-year colleges will…