Tea Party Surge; Unemployment & Uninsurance; Elizabeth Warren - Left, Right & Center on... - 1 views
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Eric Kattwinkel on 20 Sep 10About 16 mins in to this mostly political conversation about economic pressures and the political changes expected this fall, Matt Miller calls out higher education as a place likely to see major disruption in coming years, saying that like the medical establishment, it's a sector "where the costs of delivering services are much higher in the US than anywhere else in the world, [which has] been able...essentially through interest group politics...to keep the income flowing to their sector at the expense of the average consumer... You've got all these new...small firms...that will deliver, like, freshman year for a thousand dollars...and they're being blocked by the...status quo establishment that likes to keep the cost of higher education at 15, 20, 35 thousand dollars a year. If you've got this kind of economic pressure across the board, I think it's only a matter of time before the boom really falls on these sectors."