If you follow education policy at all, you have likely heard a significant amount of talk about the "$10,000 degree," a bachelor's program that would only cost a student $10,000. Not $10,000 a semester or per year, but an entire bachelor's degree for just $10,000.
The idea of a degree with a price tag one-fifth the cost of the average public, in-state college degree likely sounds appealing. After all, tuition for public universities is rising about 8 percent each year, according to a recent study by the State Higher Education Executive Officers Association. Earning a college education is more expensive than ever, while financial aid continues to shrink. But as the saying goes, "if it sounds too good to be true, it probably is," and the $10,000 degree is no exception.