As far as I can see...no state has ever conducted a full wall-to-wall audit of a state university. If you asked any governor to explain how their top state university burns through X number of millions in a year...they will be told to go pound sand and the university will refuse to provide such information.
In Ala, folks got around to asking how they could pay off failed NCAA football coaches from their extended contracts. There never was an adequate answer given.
Yep, like my brother says, they charge such huge tuition fees simply because they can. If you ran a coffee shop and charged $1000 for a cup of coffee and people not only paid that but lined up to pay it and it was legal, are you going to reduce the price? Helllllll noooo
Here in Wisconsin they started one. They found something over a billion in slush funds (I heard upwards of 1.7 billion). Totally off the books bank accounts.
Of course, they went ape when Walker suggested a 300 million funding cut.