The 10k Degree

NRO:

Texas governor Rick Perry announced this goal for his state last year. (Perry was inspired by Microsoft founder Bill Gates, who had remarked that online learning ought to make it possible for students to pay just $2,000 per year for college.) In November, Florida governor Rick Scott announced that he, too, wanted to see state colleges offer bachelor’s degrees for $10,000 or less. In Texas, ten colleges have signed on (some of them working together in a partnership), while in Florida, twelve colleges — nearly half of the 23 four-year colleges in the Florida community-college system, which includes both two-year and four-year institutions — either have developed proposals or are in the process of doing so.