The universities charge too much.
And they will continue to charge too much with bailouts like this.
like all businesses, they charge what people are willing and able to pay.
The more government subsidizes college, the higher the prices will go.
Like so many things, the government created the college cost crisis.
Non-academic administration.
Here's just two schools. I'd bet every major state college has similar "Diversity, Inclusion, and Equity" departments.
The universities only charge as much as people are willing to pay.