A small transaction tax on the financial sector, like one already instituted in Great Britain, could fund an expansion of public education for 20 million Americans. College tuition is capped at $5,000 in Britain, and free in Europe and China, but most Americans spend $25-$50,000 a year on college, and students are saddled with longterm debt. This idea would provide tremendous relief to American families and stimulate the economy with jobs and a better educated workforce.
http://www.alternet.org/news/150976/free_college_on_wall_street's_tab_5_reasons_the_finance_sector_should_pay_for_full_tuition_at_public_universities/?page=1
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