To say taxpayers subsidize higher education is the definition of an understatement. During the 2014-15 school year, Uncle Sam disbursed nearly $100 billion in student loans and spent another $50 billion on Pell Grants and other student aid programs.

Not to be outdone, Democratic presidential candidates Hillary Clinton and Bernie Sanders have each proposed additional higher education spending to the tune of $35 billion a year on average in Clinton’s case and $75 billion in Sanders’. With the candidates asking so much more of taxpayers, it is worth examining what their plans intend to accomplish.