California already has its own education system from Kindergarten to Graduate school. In fact, the California Institute of Technology and Stanford University are respectively ranked as the first and third best universities in the world – straddling Oxford University which holds the number two spot. Together, four of the top 20 universities in the world are in California.
However, both the California Institute of Technology and Stanford University, which represent California so well in the global rankings, are private universities. That means they are not subsidized by tax dollars from the state or federal government and instead rely on tuition and private contributions for funding. Many universities in California are private.
When it comes to taxpayer-funded public universities, a great deal of funding does come from the federal government. However, federal funds exist because you pay federal taxes. When California becomes an independent country, the federal taxes you pay to the U.S. Government will instead be paid to California’s Franchise Tax Board. This means that funding for public colleges and universities and all the programs and grants that help students afford college will continue at their current levels (or even increase) without raising any new taxes.
On top of that, an independent California will be well-positioned, financially speaking, to ensure every student in California can obtain a degree from a public college or university without going into debt. This would cost Sacramento approximately $3.3 billion annually on top of all current spending, according to the California Legislative Analysts’ Office. Since an independent California will stop wasting tens of billions of dollars each year paying for Washington’s bloated military budget and wars overseas, we will easily be able to afford to do this without raising any new taxes.