Why is college so damn expensive?

The cost of college tuition in the United States has skyrocketed over the past few decades. Many people blame amenities like rock walls and lazy rivers. Others point to large administrative staffs. But Lou explains that simple economics might be the real culprit, and income inequality is making the problem worse than it should be. SOURCES & FURTHER READING Trends in the cost of college education (US) https://nces.ed.gov/fastfacts/display.... Vedder’s book https://www.aei.org/press/going-broke... Feldman’s book https://global.oup.com/academic/produ... Eaton on the Financialization of Higher Education http://debtandsociety.ucmerced.edu/wp... Drivers of the Rising Price of a College Education (Feldman) https://www.mhec.org/sites/default/fi... The Bennett Hypothesis https://www.nytimes.com/1987/02/18/op... CREDITS Writer: Louis Foglia Editor: m.cho Researcher: Dushyant Naresh Supervising Producer: Allison Brown Follow Beme on Instagram:   / bemenews   Twitter:   / bemeapp   Facebook:   / officialbeme