Should Bernie Sanders Really Make College Free?

As Barack Obama’s second term presidency comes to an end, a new chapter begins for America with a new president. One of the most powerful presidential candidate running is Bernie Sanders. According to Sanders, America is suffering from a lack of infrastructure, low minimum wages, and just an overall crippled system that denotes the inequality in Americans. He can implement so many injections and programs to alleviate the tensions that is widening the gap between the rich and the poor and even males and females each and every day. The solution to him is easy: create more jobs to drive GDP up and spur economic growth, raise minimum wage, and restore Democracy back to its full extent. He plans on refurbishing the social and economic inequalities
He believes a competitive global economy is hindering the current young civilians from going to college because college is too expensive. However, “by making college free, we will be formulating one of the best, educated workforce in the world because everyone would be able to afford going to college” (Bernie Sanders). By making college affordable and cheap, it is going to give the people some confidence to go to college and enter the workforce with very diligent and open minds. It’s a true burden of today’s economy that millions of people have piles of college debt to pay off. A lot of countries are starting to follow the same mentality as Sanders is proposing. Such countries like “Germany, Finland Norway, Sweden and many other countries offer free college to all of their citizens” (Bernie Sanders). Another tactic Bernie will take to make college debt free is to lower college student loan interest rates. Lowering the interest rate will easily stimulate the economy because it will encourage people to invest and borrow
There is a general bipartisan consensus that the wealthy and big corporations got too much power their hands. Sanders’ future fiscal policies revolve around shrinking the power in the upper class. Early in his campaign, Sanders drew attention when he has said a top marginal tax rate of 90% is too high because “when radical socialist Dwight D. Eisenhower was president, the highest marginal tax rate was 90%” (Politifact). During Sanders’ interview with CNBC, “taxing a 90% tax rate” on the rich won’t simply all go to the government. Sanders valiantly uses the key word in his statement that makes it flourish: “marginal”. He doesn’t want people getting confused over getting taxed 90% because he won’t be taxing 90% of their income, but of their marginal income. Marginal tax rate is a percentage of the next dollar someone has earned. Since people are on different levels of income, people will be taxed differently. There is also one guarantee Bernie is willing to make that will come true. He plans on raising the individual tax rates for the wealthy and big corporations and increasing the payroll tax everyone just a small number so everyone can contribute. But since high marginal income taxes can coexist with a growing economy, Sanders still expects the economy to grow under his