William Henderson and B. McGraw talk about higher education.  What purpose does it have?  Why are student loans going up so much? Is it really worth it?  This is Part 2 of 3 episodes.

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1:12 Does college teach critical thinking?

2:42 Student learning gains in college

4:29 IQ of college students

14:35 32 states spend less on college now vs before

16:03 pew trust findings on higher education spending

17:18 disinvestment vs easy credit

18:32 changes in appropriations in state tuition price

19:56 expansion of federal aid/loans as a cause

28:00 admin expenses (link 2)

30:20 outcome of increased spending

31:02 discounting (link 2)

32:35 facilities spending