<p>Don't forget that prior to the most successful entitlement program in the history of the world, the GI bill, college mostly was for the rich.<br>
The children today are the grandchildren of the first generation of Americans to have full access to college education. I hope it will not return to the days when private colleges were just for rich guys. The top schools have enough money to let anyone in for free, forever it seems like, but no clue how the rest of the private schools can survive without mostly cash students.</p>