writes "Jordan Weissmann writes that a task force commissioned by Florida Governor Rick Scott is putting the finishing touches on a proposal that would allow the state's public universities to charge lower tuition for studying topics thought to be in high demand among Florida employers including science, technology, engineering, and math. The hope is that by keeping certain degrees cheaper than others, Florida can encourage students into fields where it needs more talent. For some, it might seem inherently unfair to send dance majors deeper into debt just to keep tuition low for engineers, who are already poised to earn more once they graduate, but task force chair Dale Brill says tax dollars are scarce, and the public deserves the best possible return from its investment in education and that means spending more generously on the students who are most likely to help grow Florida's economy once they graduate. Brill also argues that too few young people consider their career prospects carefully when picking a major. 'We're trying to introduce some semblance of a market dynamic information in an environment where there is none,' Brill says. 'Most students couldn't tell you what they pay in tuition. In economics, pricing is all we have to determine and work out supply and demand. So, when the consumer is completely separated from the cost of a product, then the cost rises.'"
Remember when everyone was supposed to become an aerospace engineer and then the industry collapsed in the early 90s?