I'm pretty sure there was also a corresponding decrease in public funding for universities; to where most of the cost of the universities used to be borne by th

I'm pretty sure there was also a corresponding decrease in public funding for universities; to where most of the cost of the universities used to be borne by the state (and paid via taxes), but are now privatized. Increasing loans are only part of the issue (and likely exist to offset the pullback in public university funding) https://www.amacad.org/publication/public-research-universities-changes-state-funding/section/3 https://www.amacad.org/publication/public-research-universit...