College isn’t cheap. Families and students pay the direct cost of tuition and fees, and students—because they are sitting in classrooms—forego potential wages that could be earned at work. Taxpayers also subsidize students’ education. While completing a four-year degree still provides a strong long-run return on investment (especially for majors in high-demand fields), hefty upfront costs make college unaffordable for many young people.
To def…