I don't have kids, so maybe I should not give my input on the subject. But I was an educator, so I will. The problem is, the profit motive has made college costs unaffordable to many. And in our country, that is inexcusable. The problem began not that many years ago when college became an industry. When I see pictures of dorm rooms today and the amenities available on college campuses, I don't see places of learning. I see a shameful play for money. The dumbed down college courses available are offered to keep the money flowing. Compare the cost of a four year degree today to the cost thirty years ago. Even adjusted for inflation, the discrepancy is shameful.
The other part of the equation is the student loan industry. These loans should be affordable. And the amount of debt incurred by a college graduate drives the cost of professional services. Everybody knows that medical costs have soared partly because of the amount of debt necessary for the professional degrees. And that holds true for many professions. It has also led to a shortage of professionals in some industries, which further inflates cost of services.
I feel sorry for today's students and parents who really want to pursue a degree. It's a real conundrum. I suppose the situation might resolve itself when enough students choose not to pursue a degree and the profiteers desert the colleges. But that would be a real blow to the future of the country.