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He's referring to a report put out by PayScale.com with a couple glaring weaknesses reported and admitted to and by PayScale:

- It only looks at undergraduate degrees -- it does not look at alumni with graduate degrees (Med School, Law School) in their calculations

- It is using self-reported data from alumni in their surveys (no validation)

- The use a small survey size (error prone)

- The economy (world, national, regional) has significant effects on the study outcome based on degree offerings (like recent booming ag and lackluster aviation)

He couldn't even get that right. It was $107,000 over thirty years for in state tuition.

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