> What's happening is that only students from wealthy families are paying $70k a year, and they are basically subsidizing everyone else. Not just students from

> What's happening is that only students from wealthy families are paying $70k a year, and they are basically subsidizing everyone else. Not just students from wealthy families, but wealthy alums- the Ivies and other top schools have gigantic endowments. The annual returns on the endowments of Harvard, Princeton, Stanford, etc. are more than enough to fund tuition for every single undergraduate at those schools.