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Elizabeth Warren wants free college for every American. But what the Massachusetts senator doesn’t seem to realize is just how much more costly college would get if her “free” proposal passed.
A college education offers many advantages. Graduates enjoy the benefits of their university’s alumni network, and the diploma can give grads a leg up over non-degree-holding competitors in the job market. College graduates are generally likely to out-earn non-grads over time, and those with postgraduate degrees improve their earnings potential even more.