2015-12-20

Cato: Bernie Sanders and the Missing GI Bill Evidence

As I’ve written before, the case for “free” college is decrepit, and Bernie Sanders’s op-ed in today’s Washington Post does nothing to bolster it. It sounds wonderful to say “everyone, go get a free education!” but of course it wouldn’t be free – taxpayers would have to foot the bill – and more importantly, it would spur even more wasteful over-consumption of higher ed than we have now.

Because I’ve rehearsed the broad argument against free college quite often, I’m not going to go over it again. But Sen. Sanders’ op-ed does furnish some “evidence” worth looking at: the notion that the post-World War II GI Bill was a huge economic catalyst. Writes Sanders:

"After World War II, the GI Bill gave free education to more than 2 million veterans, many of whom would otherwise never have been able to go to college. This benefited them, and it was good for the economy and the country, too. In fact, scholars say that this investment was a major reason for the high productivity and economic growth our nation enjoyed during the postwar years."

I’ve seen this sort of argument before, as I’ve seen for government provision of education generally, and have always found it wanting, especially since we have good evidence that people will seek out the education they need in the absence of government provision, and will get it more efficiently. Since Sanders links to two sources that presumably support his GI Bill assertion, however, I figured I’d better give them a look.

Read more at http://www.cato.org/blog/bernie-sanders-missing-gi-bill-evidence

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