[VLM]

"As a consequence students must bear the vast majority of the cost of their university education starting somewhere in the 00s."

Then by supply and demand, prices would have imploded since 2000. Either that or most schools went our of business. Right?

[dasil003]

Nope, because of the deadly trifecta of easy loans available to literally anyone, young students with no life experience to understand the impact of debt, and parents who unwaveringly believe that a college education is the most important stepping stone to future success.