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Comment by lesostep

14 days ago

Lowering the cost of high-quality education makes it more accessible, which isn't the same thing as "accessible for all".

But lowering the cost of tuition also have positive effect on economy, because people who are starting their career will have more money roughly at the same age where they will want to spend more money. They are figuring their living situation, they are trying to figure out what independence means, a lot of people will want to start families at the first 10 years of their career.

If you paid your tuition fees for 15 years, then you most likely already figured where you live/had kids and the additional money will go into savings for retirement. It's will not be "buyer" money, that will go to pay for products and services, and so it wouldn't go towards someone's paycheck.