The system is a scam. What is happening is the unfortunate people who are stuck paying full tuition (generally middle class white families) are subsidizing everyone else that gets a break because they are a minority, have sexual identity issues, or are semi-pro athletes recruited for the football team.
This has largely forced the middle class out of private colleges, and increasingly from public ones as well, primarily leaving community college for the first two years, then trying to get through the final two years at a public university.
It’s just like Obamanomics with “free stuff” for the majority, and the rest stuck with paying the bill.
I'm with you there, in the sense that a college education is greatly over-valued.
What is happening is the unfortunate people who are stuck paying full tuition (generally middle class white families) are subsidizing everyone else that gets a break because they are a minority, have sexual identity issues, or are semi-pro athletes recruited for the football team.
I don't think the system is that unfair, since no one is coerced into paying for tuition, and kids whose parents can pay full boat often get a break on admittance.
OTOH, I'm completely opposed to taxpayer subsidized student loans.