This solution is free college education. This is an obvious solution because it would completely eliminate the need for student loans. While it may seem like an impossible feat, it is certainly doable. The proposed solution I will examine is that of presidential candidate and current Senator Bernie Sanders' College for All Act. He claims that college tuition costs about $70 billion a year in total. The plan calls for the government to provide $47 billion, or 67% of the total, and for states to cover the remaining $23 billion, 23%. States should meet requirements related to quality assurance and student protection. Sanders states that states “could use the funding to increase academic opportunities for students, hire new faculty, and provide professional development opportunities for professors” (sanders.senate.gov). The greatest criticism and skepticism would be: where would the money come from? The tuition money would “impose a tax on Wall Street speculation on investment houses and hedge funds” (sanders.senate.gov). It is estimated that hundreds of billions of dollars could be generated from Wall Street taxes, which would easily cover tuition and make all public universities tuition-free. “If the taxpayers of this country could bail out Wall Street in 2008, we could make college and university tuition public.