Whose else should it be? Going to an ultra-elite country club university whose operating expenses are on the order of 50-100k per student per year is a luxury, not a necessity or some sort of human right.

Very few other countries in the world have schools this prestigious, by the way, so it's not necessarily valid to compare them.

Edit: by the way, I highly doubt that there is any country in the world with universities that operate completely independently, with virtually no State oversight over budget, admissions decisions, curriculum, or degrees granted, and which can charge students however much they want, such that the State also pays the education bill for students.