[ridesthemiles]

The colleges aren’t spending jack, parents are.”

It is my experience that the tuition that is paid is only about 55% of the cost of actually running the college. The taxpayers or the alumni fund and grants and inheritances pay for the rest.

[caver]

“It is my experience that the tuition that is paid is only about 55% of the cost of actually running the college. The taxpayers or the alumni fund and grants and inheritances pay for the rest.”

Ok, no argument there. The point still is that colleges are spending someone elses money, just like the government.