No, this isn’t a scam. Instead in response to the insanely high current college costs — college tuition rates and fees have skyrocketed by 559 percent since 1985, according to a New York Times analysis — two Republican governors,Texas’ Rick Perry and Florida’s Rick Scott, are trying to buck the trend by urging colleges in their states to offer degrees for $10,000. Some of the colleges are cooperating and working to develop such programs. If this works, the Ricks may have finally stumbled on a way to bend the cost curve for college tuition rates — without increasing the amount colleges get in government subsidies. Read more here.
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