College Presidents Say $10,000 Degrees Available Now

Speaking today on a SXSWEdu panel in Austin, officials from a few Texas community colleges and universities said that $10,000 bachelor's degrees are available now — and more will be within the year.

Gov. Rick Perry famously called on the development of a $10,000 degree in his State of the State address in 2011. The proposal met with criticism at the time, but Texas Higher Education Coordinating Board Chairman Fred Heldenfels said it was misunderstood. "It’s not intended to be a bargain degree," he said, offering the metaphor of a no-frills, rapid-rail route rather than an ocean-going ...

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