Public schools, colleges, and universities are ripping off the American taxpayer, ripping off the students, and the students rip off the American taxpayer and the wheels turn merrily, merrily, education is but a scam.
(Coming)
Look to government to cure what ails you.
(communism)
The way they do it is that they have researched the ability of parents with various income levels to pay tuition, so they make you fill out the financial aid forms, which enable them to calculate how much tuition the parents can ‘afford’.
Then, they can average all that out for a large sample of students and their parents and calculate what the tuition should be. So, when various grants and other financial aid packages increase from year to year, the college can increase the tuition, even if there are no cost increases for the college. (Of course, there are always cost increases, so the added value of the grants and financial aid packages is more or less hidden from view.)
I did a poor job of explaining it, but that’s basically how it works.
Rather than being a “what the market will bear” sort of thing, it’s a “what the market plus government and other financial aid packages will bear” sort of thing.