Each year around this time, millions of students graduate college, having completed an educational path that hopefully will help them find a career and gainful employment.

Unfortunately, over the last few decades, we have seen a tremendous spike in college tuition rates, far outpacing inflation. But making college “free” is a nonsensical path that displaces the financial burden on others, oftentimes taxpayers, many of whom did not attend college themselves and do not reap any of the benefits that the student receives. Further, it will only incentivize schools to continue jacking up administrative costs as we have seen in the last 25 years.