College tuition is out of control. It’s obvious to anyone paying attention that the costs have outpaced wage growth and inflation.
People want to stop the student loan crisis but they ignore the true cause. College was never meant to bankrupt individuals. The tuition is rarely spent on education improvements, it is a scam.
Universities bring in millions in tuition, grants, and donations. They use that money for administrative bloat, to bolster their sports programs, and financially poor investments. The money goes toward everything except for education improvements. A degree costs far more than it did 20 years ago, and the piece of paper you receive is worth less and less in the professional world.
It’s time we put colleges back in their place. Eliminate their non profit status. Force them to run like a real business. Perhaps then, we will see them compete for business instead of operating like our government. Overfunded and useless.