Phi Beta Cons

A Dozen Reasons for Ballooning College Costs

The Center for College Affordability and Productivity recently released a new study, authored by Richard Vedder, that pinpoints 12 reasons for soaring college tuition, and asks whether the government is spending too much money on higher education as a whole.
The report, “Over Invested and Over Priced: American Higher Education Today,” focuses on the financial problems besetting higher education institutions and urges government leaders to adopt reforms consistent with free-market principles.
The study questions common conventional wisdom about higher education such as that colleges and universities benefit the economy and that more government spending on higher education lowers tuition.
The report can be downloaded here.   

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