https://www.theatlantic.com/education/archive/2018/09/why-is-college-so-expensive-in-america/569884/
Article suggests reasons like:
- Students living away from home.
- Higher cost of faculty and staff.
- Greater tendency to chase full pay students.
- More nonteaching staff.
- Smaller classes.
- Complexity of system makes it more difficult for the least informed students to make good decisions in the market.
Comparison is made to health care.