Classic case of Baumol's Cost Disease. The core of a university education is still sitting in a room writing down what a professor says. This hasn't changed in

Classic case of Baumol's Cost Disease. The core of a university education is still sitting in a room writing down what a professor says. This hasn't changed in more than a thousand years. It hasn't gotten more efficient while just about everything else has, increasing its relative cost. Unlimited easy loans have allowed the problem to spiral out of control by preventing economic forces from forcing innovation and increases in efficiency.