Spin off college sports, cap foreign student numbers, cap acceptance of student loans, and kill off Admin staff. Everyone knows how to solve the college problem. It’s just that colleges have no incentive to do so until they’re forced somehow.
Why cap foreign students (or acceptance of student loans), though? Foreign students are not a bad thing. There’s not a limit in the number of professors. In fact, we’re graduating way more graduate students than there are slots of tenured teaching positions. The problem isn’t too many foreign or domestic students or not enough people qualified to be professors, it’s administrations ran by greedy MBA types.
Financial aid because unchecked student loans allow universities to charge as much as they want for tuition. Student loans being the most predatory type of loan (being non-dischargeable)