College tuitions have been rising at well above the rate of inflation for decades now, and no one really seems to know why. But APM Economics Editor Chris Farrell reviews a new book that gets to the bottom of this question. It’s called Why Does College Cost So Much?
Guest: Chris Farrell, Economics Editor for American Public Media and author of The New Frugality: How to Consume Less, Save More, and Live Better.
More about Why Does College Cost So Much? by Robert B. Archibald and David H. Feldman.