We already see some of this with student loans. The government decided that education is important, so it created federally-backed student loans that anyone can apply for, and effectively increased the amount of money available for education by a large amount. Some of this did go into increasing the number of kids that could go to college, but much of it just went into increasing the price of education. Plus, the supply of good jobs didn't really go up by much, so all those extra kids who went to college are now fighting over the same jobs they would've gotten in the first place, just with crushing debt burdens.