Me @TheWeek: Elizabeth Warren's polarizing plan to make college free

My latest:

Today's rising student debt is largely a result of policy choices. The short version of the story is that student debt is rising because college tuition is rising — and college tuition is rising, in large part, because state legislatures across the country have slowly been abandoning their commitment to fund public colleges and universities.

The Great Recession is one of the villains of this story; it prompted legislatures to cut their funding commitments to higher education, and for the most part, those cuts were never restored. According to one analysis, state funding for public colleges and universities in 2018 was $7 billion below its 2008 levels — and that is after adjusting for inflation. One way public four-year institutions have stayed in business is by raising tuition by an average of 36 percent during that decade. It is no coincidence that student debt in the United States quadrupled, from $345 billion to nearly $1.4 trillion, between 2004 and 2017.

Today's young students aren't less responsible than their predecessors. They're just getting far less help.