Pricing Revolution: Texas Expands Its Affordable Bachelor’s Degree Program

by Tom Lindsay, Forbes

In his 2011 State of the State Address, then-Texas-Governor Rick Perry issued a bully-pulpit challenge to the Lone Star State’s public universities. He asked them to create bachelor’s degree programs that cost no more than $10,000 in tuition, fees, and books. He also asked that ten percent of Texas public university degrees awarded reach this price point. How would it be accomplished? Perry advised schools to reduce costs through offering some classes online as well as through awarding course credits based on competencies acquired outside the classroom, such as during military service and/or previous employment.

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