Question

Short Essay required

Joseph Stieglitz, Nobel Laureate in Economics, has argued that the US should pay for higher education from the general tax coffers. Thus, he proposes a free for citizens higher education that will cost $300 billion. Given the unemployment rate of above 9%, huge CA deficits, education quality that is last among the wealthy industrial nations, competitiveness that is slipping and increasing debt levels for the government, comment on his recommendation.