Commentary:  Why does college cost so much?
Demonstrators, joined by members of the Occupy Wall Street movement, march near Baruch College to protest proposed tuition increases at CUNY on November 28 in New York.
December 2nd, 2011
09:39 AM ET

Commentary: Why does college cost so much?

By Richard Vedder and Matthew Denhart, Special to CNN

Editor's note: Richard Vedder is distinguished professor of economics at Ohio University, director of the Center for College Affordability and Productivity and an adjunct scholar at the American Enterprise Institute. He is the author of "Going Broke by Degree: Why College Costs Too Much." Matthew Denhart is administrative director of the Center for College Affordability and Productivity.

(CNN) - College costs too much, both for students and for society as a whole.

This year, according to the College Board, average published in-state tuition and fee plus room/board charges exceed $17,000 at four-year public institutions, a 6% increase from only one year earlier.

In 2009, spending by Americans for post-secondary education totaled $461 billion, an amount 42% greater than in 2000, after accounting for inflation. This $461 billion is the equivalent of 3.3% of total U.S. gross domestic product (GDP) and an amount greater than the total GDP of countries such as Sweden, Norway and Portugal.

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STEM stories this week on CNN Student News
December 2nd, 2011
07:16 AM ET

STEM stories this week on CNN Student News

Here are the Science, Technology, Engineering, and Math stories covered on CNN Student News this week. You will find our daily program and transcripts through the links below:

Monday – A scientific study explores the origin of yawning; pilots prepare a solar plane for a journey around the world.

Tuesday – An organization in Peru experiments with coating rocks to bring snow and ice back to the Andes mountains.

Wednesday – A new study explores the dangers of head injuries in youth sports, NASA sends a the Curiosity rover to look for life on Mars, and a Japanese astronaut plays baseball with himself on the International Space Station.

Thursday – Hurricane season ends and the United Nations marks World AIDS Day

CNN Student News is a commercial-free, ten-minute news program for middle and high school students.  In addition, we offer Daily Discussion questions and a weekly Newsquiz aligned with several of our news stories.



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Filed under: CNN Student News • Practice • Science • STEM • Technology