1) Sending more students to college stealthily creates a lot of jobs (administrative as well as for all those unemployed academics out there) under the clever cover of "education".
2) Conservatives defunded public education because too many poor (in their minds "uppity black folk"
were getting an education and competing with white folks for a good job. Obama is giving those people who were excluded from competition (whatever their race is) a chance to compete again.
3) Conservatives have just been talking out of their posteriors for a long time about how "socialist" ideas like public infrastructure don't work. This is Obama's secret plan to actually implement some infrastructure to see whether it works or not.
4) Smaller 4-year colleges will have to lower the tuition burden they've been imposing on students to compete. Who will want to take out all those loans when they can get the first 2 years for free and transfer?
If this all happens to kill those rip-off for-profit colleges and proves to be a great way to invest the next generation with productive skills - BONUS!
Ps. For profit trade schools were a threat to Harvard? WTF have you been smoking... 
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