LAWMAKERS on Wednesday opposed the suggestion of Finance Secretary Benjamin Diokno for the Marcos administration and Congress to revisit the free college education program, saying that it has a multiplier effect on the economy. Cagayan de Oro City Rep. Rufus Rodriguez and Northern Samar Rep. Paul R. Daza disagreed with…
LAWMAKERS on Wednesday opposed the suggestion of Finance Secretary Benjamin Diokno for the Marcos administration and Congress to revisit the free college education program, saying that it has a multiplier effect on the economy.
Besides, he added that free college education is not available to all those seeking enrollment in state and local colleges and universities, and is limited only to poor but deserving students. He served in the previous administration as budget secretary and Bangko Sentral ng Pilipinas governor.“This is really a subsidy to those who can pay for their college education. Plus, it really consumes a lot of funds,” he said.
“Think of investment in education as planting a tree. We don’t experience the reward of a fruit on the day we planted the tree but rather at an estimated time in the future. It’s all in literature,” Daza added.
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