Why is college so expensive?
Tomorrow, PandoDaily and Explainer Music will release their latest interactive explainer, "Who Will Save Higher Education?" It explores why college became so expensive, how the government and businesses benefit from increases in tuition through predatory loan practices, and whether or not Silicon Valley startups and MOOCs can do anything to help ease the burden on students.
As a preview, here's a short video we made about what's driving the huge rise in tuition costs, why colleges need all that extra money, and whether President Obama's college rankings plan will do anything to fix the situation.
[Video by Sharon Shattuck, Music by Andrew Bean, Research by David Holmes]