Nerd News: Higher Education Bubble Update -- Exploding Costs

The Insta-Prof and TaxProfBlog both link to this latest report of absurdity in the skyrocketing cost of higher education.  Blurb:

The ranks of the most expensive colleges have grown again: 100 institutions are charging $50,000 or more for tuition, fees, room, and board in 2010-11, according to a Chronicle analysis of data released last week by the College Board. That's well above the 58 universities and colleges that charged that much in 2009-10, and a major jump from the year before, when only five colleges were priced over $50,000.

May I suggest that if you don't want to be in nerd debt forever that you don't go to ridiculously priced schools?  You may also want to compound your rage by reading this.  I see absolutely no reason why a university president should have a million-dollar salary.