I don’t love this option for poor, qualified kids. They should get a cost free education to lift them from poverty, and then start building their lives. You’re right- the future taxes will help to make up the difference.
Pell grants cover the vast majority of the students I advise. That is based on their income which is why so many qualify. It’s one reason why I’m not on board with making all college free.
Isnt the lottery allocated to education? Certainly seems like that should help alleviate the problem just looking at how many people play and what the jackpot gets to these days.