"Not only is it a scam, but the college presidents know it. That’s why they keep raising tuition.”

--New York based venture capitalist and writer James Altucher on the high cost of college, in a New York magazine piece examining higher education. The characteristically feisty Altucher says that the cost of college has gone up ten-fold over the last 30 years, significantly more than other industries and the rate of inflation. Full article here.