We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.
Summary: over hundreds of years Ivy league tuition was quite stable, but suddenly in the second half of the 20th century it started increasing above inflation to the point where it is some thirty-times more than it was. What changed?
Schiff says: people thought it was too expensive, so the government put in place programs to make it affordable. That money effectively allowed customers to "bid up" what they were willing to pay for a scarce good, such price increases begat more programs to make it "affordable".
The loans available are essentially limitless, and only available at an interest rate tolerable to the market because they are govt. guaranteed.
I went to a commuter college in the '70s. I was fortunate that I went to college in the '70s. I was fortunate that I didn't have to work my way through but every one of my friends did have to work their way through college and they had no problem doing it. They worked part time through the semester and full time in the summer. Some lived with their parents but most lived in apartments - usually with at least one room mate. And when they graduated, they had little or no debt.