Our vice president shoots from the hip. And he shoots badly. But his rhetorical Beretta does occasionally manage to hit the mark. Lately, for example, he's been taking aim at out of control college tuition costs. And he has actually said a couple of things that make sense.
Barro illustrates exactly the kind of unholy binary critics of the current system of higher education would protest, from tents in parks or from the turrets of academia. Is only the 1% fit for studying liberal arts?
After a year in which the national student loan debt eclipsed national credit card debt, the call for the $10,000 degree, the question is: Will any school even decrease tuition?