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The $10,000 College Degree? It Might Be Coming to Florida

It looks like Texas Governor Rick Perry's call for a $10,000 college degree idea is faring better than his failed Presidential bid. In 2011,...


It looks like Texas Governor Rick Perry's idea of a $10,000 college degree is faring better than his failed Presidential bid. In 2011, Perry challenged his state's higher education institution to cap costs at $10,000 and sure enough, at SXSW 2012 three schools announced plans to do just that—one bachelor's degree from Texas A&M at San Antonio even clocked in at a mere $9,700. Now Florida governor Rick Scott is jumping on board the $10,000 degree bandwagon. On Monday he issued a similar challenge to his state's colleges and universities.

So how much do Florida's students currently spend? The average cost for a bachelor's degree at one of the state's community colleges currently costs $13,264 per year and in-state residents pay roughly $24,000 to attend one of Florida's public universities. But, according to the Orlando Sentinel, Scott—like many governors—has pressed higher education leaders to reign in costs so that college is more affordable for Florida's students, thus creating a pipeline of educated workers for the state's economy.

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