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When Gov. Rick Perry challenged the state’s public institutions of higher learning this week to develop bachelor’s degree programs costing no more than $10,000, including textbooks, Mike McKinney was stumped.

"My answer is I have no idea how," McKinney, chancellor of the Texas A&M University System, told the Senate Finance Committee. "I’m not going to say that it can’t be done."

Tuition, fees and books for four years average $31,696 at public universities in Texas, according to the Higher Education Coordinating Board. Sul Ross State University Rio Grande College is the cheapest, at $17,532. (Source)