Other than engineers, economists and quarterbacks, no one acquires any marketable knowledge at college. The sole purpose of a degree is to function as a substitute IQ test. If employers were allowed to give applicants 15-minute intelligence tests, they'd have the exact same information as knowing what college a person attended. But they can't do that, so families have to spend a quarter of a million dollars to give their kids the parchment equivalent of an IQ score. High school kids who get into good schools should present employers with their college acceptance letters and skip the going-to-college part.

Republicans need to force colleges to issue reports, just like drug companies, attesting to the average cost, and the average salary, for every degree. It will cost you $160,000 to receive a degree in Spanish literature and will take you 88 years to pay that back.

Trust Ann—liberals will go wild. That's how you'll know you've struck gold.

They will scream bloody murder, accuse Republicans of "McCarthyism," say it's too burdensome to collect this information and how can you put a dollar value on a college education?

They better be able to put a dollar value on a college degree! That's how it's being sold. Obama doesn't say it's important to go to college to learn to think analytically, read critically or be exposed to different ideas—none of which occurs at most colleges, anyway. No, that's not the pitch.

The pitch is: You're going to fail in this economy without a college degree! If colleges really believe their product is worth anything, why don't they guarantee their own student loans? Why should taxpayers be on the hook for everyone's tuition?

According to the colleges, their graduates are going to earn all sorts of money! At least that's what they say when they're conning teenagers into taking out colossal student loans.

"It's burdensome" is not an excuse accepted by the government in any other context. It doesn't work for businesses being forced to come up with reams of information for the IRS, the EPA or OSHA.

And the taxpayer isn't on the hook for the deceptive promises of any other industry—except hucksters for home mortgages and student loans.

I would like to hear college presidents explain that what they do is totally different from any other company. Democrats need to be exposed as hustlers for the most fraudulent, overpriced scam in the country.

There's no other industry that has politicians flacking for it, much less conniving to prevent consumers from getting truthful information about the merchandise.

Going after Big Education is all upside for the GOP. College professors and administrators already vote 98 percent for the Democrats. In fact, it's a triple-play for Republicans: They would punish a liberal constituency, strike a blow against the principal vehicle of liberal indoctrination in America, and the middle class will love it.

Ann Coulter is the legal correspondent for Human Events and writes a popular syndicated column for Universal Press Syndicate. She is the author of TEN New York Times bestsellers—collect them here. Her most recent book is Never Trust a Liberal Over Three-Especially a Republican.