Campus News Blog: Is a $10,000 bachelor’s degree possible?

February 23, 2011 by · 3 Comments 

Posted by Elena Harding
eharding@smu.edu

Gov. Rick Perry has asked state lawmakers to change funding to colleges and universities and issued a challenge to schools, to create a $10,000 bachelor’s degree with the cost of books included.

On the surface this sounds like a great idea. Each year would cost $2,500. Most student loans at SMU are much more than that.

However, lawmakers are not too sure this idea is feasible, doubting whether universities can create a $10,000 four-year degree. Other cost-saving measures include awarding funding based on number of degrees awarded and closing or combining institutions.