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Re:More than 1M fewer students are in college, the lowest nu... by DebtDeflation on Thursday January 13, 2022 @11:39AM (#29922841)
It's going to the facilities and the staff needed to support them.

When I was an undergrad in the mid 1990s, the dorms were square rooms with cinderblock walls, concrete floors, metal frame beds, and a simple desk, the cafeteria was like an oversized high school cafeteria, and the gym was a basic weight room. A couple of years ago I received a brochure from my alma mater asking for donations and showing the modernized campus - the dorms were now luxury apartments, the cafeteria was a gourmet eatery, and the gym looked like a Lifetime.

Re:More than 1M fewer students are in college, the lowest nu... by kevstev on Thursday January 13, 2022 @08:01PM (#29929255)
Room and board is entirely separate from tuition though. That said, when I was leaving college in 2002 it was essentially a giant construction zone as they were building facilities all over the place. This was not unique- there was something of an arms race to make the glossy brochures even better than the competition. This was a large state school with a good but not really elite reputation and was trying to change that.