“Colleges Spend Like There’s No Tomorrow” — But On What?

In the US, public universities are spending hundreds of thousands of dollars a day and getting students to foot the bill. College costs have soared past the inflation rate, while the nation’s student loan debt is over $1.7 trillion. Melissa Korn, higher education reporter at the Wall Street Journal, investigated the spending of 50 flagship universities. She joins the show to discuss her findings.