Are university presidents clueless about the real world?

Well according to one think tank scholar, yes.

Richard Vedder, who directs the Center for College Affordability and Productivity, says university presidents’ view of the value of higher education runs counter to that of the American public.

“New Pew Research Center data show that a large majority of Americans think U.S. colleges and universities offer only fair or poor value for the financial cost –but college presidents strikingly disagree, with a majority of them thinking college offers at least a good value.”

Vedder is also a professor of economics at Ohio University, and is an adjunct scholar at the American Enterprise Institute.

What do you think?  Do university presidents have their heads in the sand when it comes to the cost of a college education?