March 4, 2013

Getting to the Bottom of the $10,000 Bachelor's Degree

Getting Down to the Reality of a $10,000 Bachelor's Degree 1

Mandel Ngan, AFP, Getty Images

After Gov. Rick Perry of Texas suggested that public colleges should offer bachelor's degrees that cost no more than $10,000, the idea has caught on in several other states.

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close Getting Down to the Reality of a $10,000 Bachelor's Degree 1

Mandel Ngan, AFP, Getty Images

After Gov. Rick Perry of Texas suggested that public colleges should offer bachelor's degrees that cost no more than $10,000, the idea has caught on in several other states.

By Eric Kelderman

It's one of those YouTube clips that probably would have evaporated if it had featured anyone other than Bill Gates.

In August 2010, Mr. Gates, founder of Microsoft, speaking informally at a technology conference, said technological innovations should be able to lower the cost of college to $2,000 a year.

Mr. Gates's comments