An illuminating quote of the day:

Tuition has risen at twice the rate of per capita income and this year it will cost just under $50,000 to attend the average private college. If the cost of milk had risen as fast as the cost of college since 1980, a gallon would be $15.—Congressman Peter Welch (D-Vermont)

When other industries are seen as gouging the consumer, Congress likes to hold showy hearings and investigations. How long until the honchos of higher ed are hauled before some subcomittee or another?