>>The spending is inextricably tied to the nation’s $1.6 trillion federal student debt crisis. Colleges poured out money in part by raising tuition prices, leav

>>The spending is inextricably tied to the nation’s $1.6 trillion federal student debt crisis. Colleges poured out money in part by raising tuition prices, leaving many students with few options but to take on more debt. That means student loans served as easy financing for university projects. Exactly. Get rid of and severely cut government subsidies, let the universities declare bankruptcy,cut useless administrative costs and staff, and lower their prices to match actual affordability equilibrium. We wouldn't have this problem if scholarships and loans were private and universities actually had to show a return on a student's investment to earn their attendence.