In my last post, I talked about the rise of private, and particularly for-profit, universities in the US. If for-profit education is not the solution to sky-high tuition fees (I don’t think it is), what is? Well, in my opinion, students and families really only have themselves to blame for the high tuition prices at US universities. I think they can be explained in four main ways: bureaucratic bloat, the athletic emphasis on campus, massively expensive and unnecessary luxury perks the university creates to attract paying students, and lastly, the loss of public subsidization of higher education.
Only a couple of decades ago, attending a US university as noble as UC Berkley cost $540 a year (US$2,756 in 2010 dollars). Now the pages have turned, and attending this fine public institution will set a family back more than $30,000 a year. At the uber-elite quasi-for-profit schools like Harvard and Stanford, the annual price tag can be upwards of $60,000. I say quasi-for-profit because they are not actually for-profits; they are research universities that use their profits to finance research.
Problem 1: Bureaucracy
Bureaucracy is the bread and butter of government, and there is little else that can be said or done.



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