I am not predicting anything but let me state that it is my belief that the university/college system looks like a bubble to me.
Seriously, how can you justify an English 101 course for $4,641? Too much, you say? Duke University’s estimated costs for 2010-2011 is $55,690. (($55,690 / 36 estimated credit hours taken per year) * 3 credit hours per class)= $4,641 per class. http://admissions.duke.edu/faq/indexf222.html?iQuestionID=526%20&iCategoryID=0
So, why can’t this introduction class be provided less expensively?
Well, The Feltre School in Chicago (http://www.feltre.org ) , which is not a university, offers classical liberal arts classes in English and Composition, Logic, and Latin. If I remember correctly, classes cost $1,500 (Don’t quote me. Call them and ask.).
After watching The Feltre School video below, ask yourself, “Do serious students wishing to improve their understanding of an art form attend The Feltre School?” If so, why is this school less expensive?
So, why is tuition at colleges and universities so expensive? Let’s start with Andrew Ferguson‘s musings and observations in his interview with Reason TV.