Why Is College So Expensive

Why has a college education become so expensive, throwing millions of students into debt before they’ve even entered the work force? This week’s Episode 5 of Reality Check with Jeanne Allen explores that and related issues with John Katzman, one of he nation’s leading experts in higher education. “Technology in every other industry has lowered costs,” Katzman points out. But “in higher ed, it’s actually raised costs.” Moreover, “The reality is that education has gotten more expensive, but not the teaching part. The actual teaching is about 20 percent of what a school spends on a student.” For more, check out this week’s podcast on education with Jeanne Allen.