Chris Paxon is the president of Virginia Tech. He says parents want their kids to get a college degree, but they don't realize how much it costs. We have some educating to do, and we haven't been as good as we could be at making the case, he says. And what doyou think? Let us know in the comments below.
Enrollment is down for the first time in memory, and critics complain college is too expensive, too elitist, and too politicized. The economist Chris Paxson — who happens to be the president of Brown University — does not agree. (Part 3 of “Freakonomics Radio Goes Back to School.”)