As the pandemic upends higher education, is residential college worth the cost?

“The model of higher education that we are delivering in the U.S. has been based on this residential experience that costs about twice what an education costs in Europe.” That’s Richard Arum, dean of the School of Education at the University of California, Irvine. Last September, he and his colleagues began a first-of-its-kind study to try and better understand the value and cost of a four-year liberal arts education, where students often live on or near campus and are exposed to a wide variety of subjects. [Arum starts at 2:30]