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Is it possible to create a bachelor’s degree that would cost students only $10,000?

A few years ago, Texas Gov. Rick Perry and Florida Gov. Rick Scott called on colleges to create a $10,000 bachelor’s degree. Critics argued that it was tantamount to the “Walmartization” of higher education. But those two states now offer a limited number of low-cost online degrees.

Earlier this month, Jean Floten — former president of Bellevue College and currently chancellor of Western Governors University-Washington — took part in a panel discussion on the merits of the low-cost degree at the South by Southwest education conference, or SXSWedu, the companion to the annual music, film and interactive conference in Austin, Texas.