The purpose of this post is not to provided an exact funding model. What we want to do is to crunch some numbers, and determine if the funding of free higher education is even feasible.
If we crunched the numbers, and our funding model is nowhere near feasible, then we need to come up with some other way. It turns out, that we get incredibly good numbers. What we get is not technically “free” higher ed, but fees are fully subsidised essentially through taxes, where the student pays pack the money over the lifetime of their working career.