Here's what Biden's free community college plan would cost—and what it would save students

Here's what Biden's free community college plan would cost—and what it would save students

In the United States, nearly six million people, about 1 out of 4 college students, attend a community college. On the campaign trail and in office, President Biden has proposed making two years of community college tuition-free. His American Families Plan includes $200 billion for free universal pre-school, $85 billion for Pell Grants to increase the maximum grant by $1,400, and $109 billion to make two years of community college tuition-free "so that every student has the ability to obtain a degree or certificate." The College Board estimates that during the 2020-2021 school year, the average annual tuition and fees was $3,700 for in-district students at community colleges, $10,560 for in-state students at public four-year colleges and $37,650 for students at private nonprofit four-year colleges. Advocates say Biden's proposal could save community college students money and give other students the chance to cut down on college costs by transferring to a traditional four-year college after their first two years. Others are skeptical it will make a significant impact. CNBC Make It spoke with experts about what the policy would cost …
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