Here's a higher education shocker: Thanks to tuition hikes at California's state universities on one hand, and Ivy League financial aid policies on the other, attending Harvard is actually the better deal for the Golden State's middle class students. And that's not just a West Coast phenomenon.
For years now, private college tuition has risen far faster than inflation, a fact that colleges have used a fancy theory called Baumol's Law to explain away. Unfortunately for families who pay over $200,000 to send a child to one of those schools, the comparative value of the education rarely justifies the higher price.
A new survey finds "Recruiters say graduates of top public universities are often among the most prepared and well-rounded academically, and companies have found they fit well into their corporate cultures and over time have the best track record in their firms."