I made a suggestion on a thread earlier in the year that a fix for the present system could be that students, instead of paying for college directly, could be assessed a percentage of their post college gross earnings that went to fund the institute of higher education they attended.
Seems to me that this would solve most of the problems we are confronted with today...
No more student debt that is impossible to pay.
No more accepting kids into college that had had a low likelihood of success.
Effectively eliminating tenure.
Forcing the college to be responsible for the quality of the education they provide.
Etc...
I will stand by that suggestion for now.
That will not happen in the current climate.
First of all, if you start limiting college to those who have a real need and ability to finish it, you will be called a racist (and the sports programs will fail).
Second, limiting the loans will mean the majority of the resort colleges will fail. These are large public schools who have vast political resources.
Third, the system is working as designed. It isn’t to give students an education, that is as best a secondary goal. It is to produce people with the “correct” worldview.
...and limiting the choice of majors?