Another explanation for high cost of college tuition?
There are many factors that have caused tuition costs to consistently out pace inflation: overpaid professors, expensive books, and primarily the consumer often doesn't pay for the product until years later. Here is one I hadn't considered:
Ousted TSU President Priscilla Slade racked up a $100,000 bar tab at Scott Gertner's Skybar and Grille during her tenure and stuck Texas Southern University with the bill, prosecutors said Wednesday.
TSU routinely paid for $100 bottles of wine for Slade and drinks for her friends and staff, despite a prohibition at that time on state monies being spent on alcohol, Assistant District Attorney Donna Goode said.