You said it better than I could have. Regarding skilled trades, allow me to let you in on how this can blowback big time.
In the early 90's, Australia had a similar policy of granting a relatively free college education to just about anyone who applied. By the late 90's, the economy had roared back [[especially the building industry) but there were very few skilled tradesman to fill demand. Fast forward to the late 2000's. Not only were tradies recieving salaries competative to professionals but the Australian building industry had to import tradies from places like India. Moral of the story, whenever government interferes with the free market, it typically results in negative repercussions that take years to unwind.
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