It isn’t about an education anymore.
Two dozen college presidents and policy experts defended the rising costs of tuition on Monday and argued against forcing colleges to spend more of their endowments.
I picture a Tobacco and Oil CEO moment. They all stand up and swear then lie their asses off and are never held accountable.
“Tuition has risen at twice the rate of per capita income,” Mr. Welch said, “and this year it will cost just under $50,000 to attend the average private college. If the cost of milk had risen as fast as the cost of college since 1980, a gallon would be $15.”