Many students opt to attend community college over traditional four-year schools because it is generally cheaper. But there are always hidden fees and extra costs to consider as an incoming student. This week on social media, various topics related to community college costs have been trending, including Detroit’s action to make community college free and San Francisco’s move to use taxes to pay for community college. There was also an interesting post by NPR regarding rising hunger and homelessness as college costs increase.
San Francisco Becomes First U.S. City to Offer Tuition-Free Community College
On Saturday, February 11, the Twitter handle @CNN (CNN News) posted a link to a news article regarding San Francisco’s decision to offer free community college to all residents starting in the fall of 2017. San Francisco will be the first U.S. city to make this choice, and it has many residents in uproar, considering that the tuition costs will be paid for by property taxes equaling more than $5 million. CNN news writer Katie Lobosco reports that this tax is called the “real estate transfer tax,” and it was increased in 2016 for both commercial and residential properties, an increase that voters approved in November of 2016.
The real estate transfer tax begins at 2.25% and goes as high as 3% for properties with an estimated worth exceeding $25 million. The tax is expected to bring in an average of $45