The major problem is that university administrations are becoming top heavy. Instead of hiring tenure-track faculty to teach real subjects like computer science

The major problem is that university administrations are becoming top heavy. Instead of hiring tenure-track faculty to teach real subjects like computer science or mechanical engineering (or even English lit, so as not to be prejudiced to the humanities), universities are creating $300K per year sinecure positions like "Vice-President and Associate Dean of Student Diversity". Guess who pays for this? Students and their families.