Universities have Zero incentives to change things. They get the benefit of all the enrollment of the students that wouldn't otherwise enroll, also.

What I have never understood is why career counselors aren't advising students against the downside of getting into so much debt so early in life. Going to your dream school is nice but not if you have to pay for it the rest of your life. My counselor was all about applying to the best schools with little talk about costs.

Why aren't student suing the counselors for malpractice?