Why Is College in America So Expensive?

Kevin Carey was quoted in The Atlantic about college spending and where schools are using their money.

But on closer inspection, the data suggest a bigger problem than fancy room and board. Even if we were to zero out all these ancillary services tomorrow, the U.S. would still spend more per college student than any other country (except, again, Luxembourg). It turns out that the vast majority of American college spending goes to routine educational operations—like paying staff and faculty—not to dining halls. These costs add up to about $23,000 per student a year—more than twice what Finland, Sweden, or Germany spends on core services. “Lazy rivers are decadent and unnecessary, but they are not in and of themselves the main culprit,” says Kevin Carey, the author of The End of College and the director of the education-policy program at New America, a nonpartisan think tank.