Going Broke by Degree

David Wood once said, “College is the best time of your life.  When else are your parents going to spend several thousand dollars a year just for you to go to a strange town and get drunk every night?” The costs of college are escalating at an all time high, which is why Richard Vedder went out and looked for a reason as to why this is and what, if any, solutions to this ongoing problem could be. Vedder talks about four main reasons why tuition continues to rise: third party providers and the amount of funding and spending that goes on, there is no market discipline when it comes to universities, price competition, and also government regulation. However, in order to combat these rising prices, Vedder came up with a number of solutions that could be used to control the cost of tuition, despite some problems with these ideas, his idea of using a voucher system is the best solution that he presents.
Vedder explains that universities in general......

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Title: Going Broke By Degree
Approximate Word Count: 1167
Approximate Pages: 5 (250 words per double-spaced page)

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