I'm not a fan of the proposal, as I think it will push public schools in  the same direction as inner city public schools.  Great sound bytes, but lousy policy.

I suspect that smaller private schools like the catholic schools are gonna push for the equivalent of vouchers for all, as a means to improve their cash flow.  

I think the "college for all" mentality is just wrongheaded.  If colleges are doing their jobs, not everybody SHOULD go to college.  Colleges are not, and should not be trade schools.  I think we'd be a lot better off plowing that money into true trade schools, in a serious effort to resurrect the trades, and to develop new ones.  In the long run, I think the trades have been the foundation for strong communities, and a path out of poverty for many.