At a board meeting of the Texas Higher Education Coordinating Board on Wednesday, Higher Education Commissioner Raymund Paredes said that $10,000 bachelor's degrees — books included — as proposed by Gov. Rick Perry are "entirely feasible."I think so, too. There is no reason why a kid should graduate from college at 22 with debt levels equal to a mortgage. But we have been trained to think this is acceptable, and with an endless supply of guaranteed student loan funding college admins have no reason to rein in costs.
$10,000 is indeed entirely feasible for most programs I think. For a bachelor's degree in accounting, or business administration, or English, or IT, or math... there is no reason to have unique, custom-crafted programs to teach this stuff. It's not theoretical and doesn't require expensive lab time. You either learn it or you don't.
Kindle-ize the textbooks, offer the courses online, reduce the fun/blow-off/"culturally-enriching" classes that have nothing to do with the student's chosen career field, and there's no reason a 4-year degree can't be $10k. (My theater class was fun, and it's great that my alma mater has an artificial tubing river, but these things don't matter a hill of beans if you're studying to be an accountant.)