College Tuition Price Gouging

Since Big Oil has been in the news lately,Ann Coulter reminds us of an even more powerful industry:Big Education.

The two big topics on CNN last week were 1) high gas prices and 2) the high cost of college tuition. (Also a story about an angry Hispanic lacrosse player who vanished from a cruise ship during Bush's low poll numbers.)

CNN reports that college tuition has risen an astonishing 40 percent since 2000. But the proposed solutions to the exact same problem -- high prices for gasoline and tuition, respectively -- were diametrically opposed.

The only solution to high gas prices considered on CNN was to pay oil company executives less, perhaps by order of the president. But somehow, no one ever suggested that the solution to the high price of college -- far outpacing inflation -- was to pay professors less.

Do you really believe Exxon is more powerful than Harvard? Exxon doesn't have a 26 Billion dollar endowment compounding tax free.Also,Harvard doesn't get that negative publicity for raising tuition year after year. Exxon didn't have John Rawls justifying the confiscation of private property to help Exxon.When Harvard lobbies Congress the heist is a couple hundred million dollars.No word yet from Senator Durbin on holding hearings on Harvard price gouging.