College officials: What cost crisis?

As concerns mount about the high cost of college and the massive debt some students incur to pay it, higher-education experts met last weekend to defend their charges—and argue that a degree is still worth the price, Jon Marcus says at The Hechinger Report.

“There is no crisis in college costs,” said Robert Archibald, professor of economics at the College of William and Mary and co-author of the book Why Does College Cost So Much?

Marcus notes that the symposium was held at Bates College in Lewiston, Maine, where tuition, room, board, and other expenses this year total $55,300, and was co-sponsored by Brown ($56,150) and Northeastern ($51,362) universities.