Question

Hey Chegg, I could really use your help with the question that I am going to ask below:

Question:

Joseph Stiglitz, Nobel Laureate in Economics, has argued that U.S. should pay for higher education from the general tax coffers. Thus, he proposes a free for citizen’s higher education that will cost $300 billion. Given the unemployment rate of 9%, huge Current Account deficits, competitiveness that is slipping and increasing debt levels for the government, comment on his recommendation.

Please provide the pros and cons for a free for citizens's higher education that will cost $300 billion. Please explain the pros and cons in detail and then tell me if you agree with Stiglitz or disagree and explain why. I would really appreciate that.