Many young people are saddled with enormous debts when they graduate from college. After a tuition increase announced Wednesday, incoming freshman at California State University will now pay $500 more in the fall semester for a total of more than $6,000 a year. UC students now pay more than $13,000 a year in tuition. Will rising costs of higher education prevent more people from attending college?
David Feldman,co-author of a new book called, "Why Does College Cost So Much?"; professor of economics at the College of William and Mary in Virginia.