VALUE OF COLLEGE TUITION IS CALLED INTO QUESTION

Students are a growing source of revenue for colleges, but little of that money is going into classroom instruction, says the report by the Delta Cost Project, a Washington-based non-profit. The study also finds that the percentage of students who complete a degree hasn't kept pace with increases in enrollments, revenue and total spending. Consider:

• The United States spends more per student than any other industrialized nation, yet it ranks at the bottom in degree completion (54 percent), says the Organization for Economic Cooperation and Development.
• The organization average is 71 percent; the high is 91 percent in Japan.

Source: Mary Beth Marklein, "Value of College Education is Called into Question," USA Today, May 1, 2008.

[we need an internet based curricula to compete with colleges and break their cartel-like hold on education - they're diminishing our future competitiveness as a nation

READ MORE