> The problem is many kids want a luxurious college lifestyle where they do a little work, play a lot of beer pong, and live in nice dorms.

But which came first? Did colleges build the nice dorms because students demanded them, then raise the tuition to pay for them? Or did they build the nice dorms to justify the high tuition they were charging? Students have always wanted to play beer pong and have fun during college - this isn't exactly news. Leaving college with crippling debt seems to be a relatively recent phenomenon though.