Analysis | How Much Should College Cost?

Mark Roosevelt, president, St. John’s College: St. John’s, as you well know, Robert, prides itself on being different. We’ve not succumbed to what many of us think are probably ill-advised trends in American higher education — such as, for example, allowing students pretty much to design their own curriculum and take what they want in college. We’re proud of being called the most contrarian college in the country. But one of the trends we did succumb to was a ridiculous escalation in the price of college, which in recent years tripled or quadrupled at the rate of inflation. It was costing over $60,000 a year to attend St. John’s. We believed that many people who may have sought what is on offer at St. John’s might have been turned away immediately by just looking at that sticker price.

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