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Enrollment in Colorado is expected to expand about 25 percent in seven years. It's very difficult to find those additional funds. Therefore, I think you're probably going to have increased pressure on tuition.

It's not how much you spend, it's how you spend it. We have been putting a lot of money into education in the state of Nevada, and it's gotten us to 50th in the country in graduation rates. We needed more accountability in our system.

Our obsessive focus on college schooling has blinded us to basic truths. College is a place, not a magic formula. It matters what subjects students study, and subsidies should focus on the subjects that matter the most - not to the students, but to everyone else.

Overhead costs are far too high, state support is dropping, and college tuition is far too expensive. Colleges are pricing themselves out of existence.

Our higher education system is one of the things that makes America exceptional. There's no place else that has the assets we do when it comes to higher education. People from all over the world aspire to come here and study here. And that is a good thing.

Our educational results lag behind other states, and other nations, but worse still, behind the potential of the kids and the devoted teachers in our classrooms.

We know that a college degree is rapidly becoming the price of admission to the global economy.

State governments generate less revenue in a recession. As state leaders struggle to make up for lost revenue, legislatures tend to cut funding for higher education. Colleges, in turn, answer these funding cuts with tuition hikes.

College today is an expensive option without a lot of economies of scale, right, when you go and live at a college. So you have a system that's increasing its cost base by probably five percent a year.