Sky-High Cost of College Explained

Guest: David Feldman, PhD, Professor of Economics, College of William and Mary It’s homecoming season on college campuses. Alumni are back to visit their old haunts and marvel at the new buildings and amenities added to the school since they graduated. Those fancy sports arenas, workout facilities and dining halls must be a main reason tuition is so much higher today, right? Well, actually, that’s a common misconception, according to economist David Feldman.