Earlier quoted context omitted.
The sad thing is that all higher level education in the U.S. is for profit. 30 years ago you could go to an average state college for $4,000 a year, that cost is roughly 10x as much. Where has all the money gone? Take a look at the salaries of school presidents, administrators, coaches, even professors, especially their pensions and benefits programs. Its as if all our non-profit institutions are really profit hungry…
There's no way state schools currently cost $40k. Maybe $15k. Easy federal aid money certainly helps push up the price tag. It's effectively a subsidy.
OSU -> In-state: $26,000, out of state: $45,000
PSU -> In-state: $30,000+, out of state: $43,000
MSU -> In-state: $27,000, out of state: $51,000
UM (Michigan) -> In-state: $29,000, out of state: $60,000
UM (Miami) -> $64,306