Report Says Stanford Is First University to Raise $1 Billion in a Single Year

Why is this surprising? College tuition rates are rising so fast that a university would have to squander its resources to be in the red.

Source: http://inflationdata.com/Inflation/Inflation_Articles/Educat...

According to the above, since 1985, while average expenses have risen by about 115%, college tuition has risen by almost 500%. Pretty soon college costs will pass a critical threshold -- the cost of a degree simply won't pay for itself in the world of jobs.

But it gets worse -- it turns out many college students aren't learning anything:

Source: http://www.ssrc.org/publications/view/985FB16E-4023-E011-ADE...

Quote: "According to their analysis of more than 2,300 undergraduates at twenty-four institutions, 45 percent of these students demonstrate no significant improvement in a range of skills—including critical thinking, complex reasoning, and writing—during their first two years of college."

For those students, college is a very expensive, pointless activity.