Oh no, hundreds of thousands of intelligent, hard working students will be able to go to college. What horrors??? How will America tolerate such a terrible thing happening?
Seriously, we have done it before, we are doing it now, and hopefully we will do it in the future. By making education accessible to any student who qualifies, not just to the rich, America has become a country where people can move up in class. People of middle class backgrounds, like Bloomberg, can become billionaires. This is a good thing.
It might displace people like the trumps who have a lot of money, but very little educational drive.