The Chronicle of Higher Education
May 19th, 2015
Bernard Sanders, the independent senator from Vermont and long-shot candidate for the Democratic Party’s 2016 presidential nomination, introduced a bill on Tuesday that would make attending all four-year public colleges free. The College for All Act, the cost of which would be split between the federal government and the states, has virtually no chance of passing the Republican-controlled Congress.
The bill proposes a tax on transactions in the financial sector to offset its estimated $470-billion price tag over 10 years.