This would save young Americans from going into crippling debt, but it would also make a university degree completely unaffordable for most. However, in the age of the Internet, that doesn’t mean they couldn’t get an education.
Consider the long term impact of this. There are a lot of different ways such a situation could go, for better and for worse.
You see, even under capitalism, the government is allowed to do stuff, even provide services under actual cost.
This is called a public service, and yes, I know, it’s the government doing stuff, and that sounds like that scary socialism, but you see:
It’s not. It’s what the government is supposed to be doing.