Right. And if the universities themselves were on the hook for it — as they should be — , you might see them charging different tuition rates for an engineering degree as opposed to a women’s studies degree.
You would be correct in a normal world...but the whole college management game is like some cash-cow requiring a bunch of zero-value educators and college staff people to be hanging around. It’s almost like a movie-production group which has sixty people who do nothing to add value to the movie being produced.
At some point in the next two or three years...I see some southern state walking into the midst of the mess, and conducting a full audit. They’ll clear the ‘table’ and let 20-percent of the zero-value lecture-guys go, and trim off half the college support folks (maybe even contracting this out for half-the-price). Once this starts...other states will follow, and college cost will drop by 30 to 40 percent, with worthless degrees declared for what they are.