...and why we should still think of new ways to educate young adults...
By Jordan Weissmann
Summary by Carnegie Perpsectives
"Talking about "the price of a college education" is like talking about "the price of a car." Just as it's not so useful to discuss the cost of a BMW Z4 and a Ford Focus in the same breath, it's hard to put Harvard and Iowa State in the same discussion about tuition, because they operate on very different economic rules. Beyond that, your average undergrad probably won't pay the full sticker price for a degree. Need-based grants and scholarships play a big role in determining the final "net price" each student has to lay out for a year of school. So what's a fair way to judge the cost of college? "