Have you ever wondered why college costs so much? Why is it that tuition keep increasing at enormous rates? One of the things that I love about economics is that it can be used to systematically answer such questions. The answers are often very unintuitive. If you want to know why college costs so much, read this piece.
Several recent stories in education deserve some mention. They are nicely summarized in this cartoon. In short, Yale admitted a former spokesman for the Taliban. A tape of a high school geography teacher going on an anti-Bush, anti-capitalism rant is circulating the internet. A Muslim college student in North Carolina tried to run over fellow students as an attack against the United States.
For much more on the wacky world of college, check out this blog.
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