The subset of the youth population for whom attending college has both personal and societal benefits has been far exceeded for some time now. Classic case of s

The subset of the youth population for whom attending college has both personal and societal benefits has been far exceeded for some time now. Classic case of subsidies inducing excessive demand, along with all the negative effects on prices (tuition), supply (bloated admins, more graduates than jobs), and time/money opportunity cost borne by the students and the institutions optimizing for capacity.