My Valuable, Cheap College Degree

Subject: My Valuable, Cheap College Degree Fri Feb 01, 2013 9:02 pm

MUCH is being written about the preposterously high cost of college. The median inflation-adjusted household income fell by 7 percent between 2006 and 2011, while the average real tuition at public four-year colleges increased over that period by over 18 percent. Meanwhile, the average tuition for just one year at a four-year private university in 2011 was almost $33,000, according to the National Center for Education Statistics. College tuition has increased at twice the rate of health care costs over the past 25 years.

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Ballooning student loan debt, an impending college bubble, and a return on the bachelor’s degree that is flat or falling: all these things scream out for entrepreneurial solutions.

One idea gaining currency is the $10,000 college degree — the so-called 10K-B.A. — which apparently was inspired by a challenge to educators from Bill Gates, and has recently led to efforts to make it a reality by governors in Texas, Florida and Wisconsin, as well as by a state assemblyman in California.

https://www.nytimes.com/2013/02/01/opinion/my-valuable-cheap-college-degree.html?src=me&ref=general

My Valuable, Cheap College Degree

My Valuable, Cheap College Degree

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