Colleges and universities might start charging something more reasonable once they see that their students can't take out such large loans. Why exactly does it

Colleges and universities might start charging something more reasonable once they see that their students can't take out such large loans. Why exactly does it cost tens of thousands of dollars to deliver a liberal arts education anyway? Otherwise, community colleges prepare students to transfer into year 3 of a 4-year college, at a fraction of the cost. This is a viable option for students who can't afford the full 4-year experience.