>> Given that most colleges are state-run or non-profits, they can't just increase prices and dump the proceeds into profits The school I went to in the 90's h

>> Given that most colleges are state-run or non-profits, they can't just increase prices and dump the proceeds into profits The school I went to in the 90's has been on a massive building spree the last 20 years. Many large new buildings. The number of students has nearly doubled in the same time so it's not a complete waste. They even built a new clock tower with funding from some rich donor.