The only reason tuition rates are going up so quickly is because there is money available through easy loans to students. Curtail the money supply and tuitions will decrease. If the schools have to actually compete for students then the price will go down and the quality will go up.
Not only that, do what some of the Leftists’ beloved Scandinavian countries do. Restrict student loans to economically useful and productive fields. No loans for gender studies, African studies, philosophy, sociology, 17th century French literature, etc etc.
“The only reason tuition rates are going up so quickly is because there is money available through easy loans to students.”
This is the heart of the problem. There is no control (ie: economic pressure) on higher education (H.E.) to control costs & tuitions. When a student signs up for college, they must pay in advance. H.E. cares not from where the payment comes from (Parents, bank, Feds, etc) just that payment is made immediately. Any arrangements made by students to provide the funds is of absolutely no concern to H.E. They get their money up front and that is the end of that.
Some way must be devised to force H.E. to assume responsibility for the price and quality of their product.