Option #1: Enhance American Economic Productivity.

Provide completely free college for approx. 55,000,000 years and boost the economy of the USA. Given a four year degree, this amounts to 13,750,000 americans being able to go to college for free. Given that many baby boomers are set to retire, this would help existing and new industries achieve higher levels of productivity and avoid the shortage of trained workers that is sure to occur with the retirement of the baby boomers. This senario would also open access to college for many poorer americans and thereby lessening the economic divide, thereby making the USA a more stable and just country.

Info Source: 2002 College Board estimates of $8470 for room, board, fees and tuition.