Basically, the easy availability of student loans put inflationary pressure on tuition prices.
This fueled significant administrative bloat (compare the administrative org chart of your school to the one your parents or grandparents attended) and massive spending on new facilities, which locked in the need for the higher tuition rates.
This fueled significant administrative bloat (compare the administrative org chart of your school to the one your parents or grandparents attended) and massive spending on new facilities, which locked in the need for the higher tuition rates.