An observation on the $10,000 college degree
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A TEXAS MONTHLY reader e-mailed the magazine about my column that questioned the wisdom of the TPPF-proposed reforms of higher education. I think the correspondent makes an interesting point about Governor Perry’s proposal for a $10,000 degree:
I value X so highly that I want it to be priced much less than what it costs?” This is a conservative thought? Honda could sell cars for 10K. But they would have to give up research and development, as well as safety and environmental features. They would also need to start charging 50K for trucks in order to make the money back. But the idea of a 10K car is just plain attractive, no?
While I would make other criticisms of the $10,000 degree, the reader’s observation goes to the heart of the problem: This is so valuable that I want to provide it for less than it costs. Smart comment.