I was in university 30 years ago. It was sufficient to educate me. Going from that point to this, the cost of university has more than tripled in real dollars

I was in university 30 years ago. It was sufficient to educate me. Going from that point to this, the cost of university has more than tripled in real dollars. A significant portion of that change is increases in money spent to administrators. It seems absurd that anyone would think that the education received today is worth over triple the education received 30 years ago. I know, as a parent, given the choice I would cheerfully prefer to pay for my kids to get the university experience that I received and have no debt than I would have them get stifling loans for the modern university experience and start their lives in debt. I know very few parents that disagree with me on that.