Vedder Quoted On College Affordability in Washington Times

Dr. Richard Vedder, Director of the Center for College Affordability and Productivity and Professor Emeritus of Economics at Ohio University, was quoted by Stephen Moore in The Washington Times article on “Why Hillary’s college tuition plan won’t work.”

In the days ahead millions of kids will pack their bags and leave home (hopefully for good) to go to college. For parents experiencing this for the first time: welcome to the biggest financial scam in America. Richard Vedder, an economist at Ohio University and an expert on college costs puts it very plainly: “Colleges and universities may be the least cost-efficient institutions in the United States. No industry, perhaps other than prostitution, has seen less productivity improvements than higher education.”