I guess your point makes sense for general university. However, there is a way to have fairly cheap education with good feedback, with skill selection. I went through the French equivalent of the Ivy League (Paris Tech): tuition was “free” (hundreds of Euros per year, paid-for for most students with economic difficulty) and tutoring was systematic. However, having consistent classrooms where groups of 15 had the same level helped a lot.
Those schools receive a lot more tax-payer money than university does, but not impossibly more. Saving on that without sacrificing the pedagogy seems doable: teachers often were alumni that could have easily contributed out of duty and prestige (I certainly did: paperwork to get paid was a maze).
Those schools receive a lot more tax-payer money than university does, but not impossibly more. Saving on that without sacrificing the pedagogy seems doable: teachers often were alumni that could have easily contributed out of duty and prestige (I certainly did: paperwork to get paid was a maze).