It seems to me that the problem in the US is that universities have become so used to charging huge tuition fees that changing the system will threaten the incomes of a lot of very influential people.
Weren't state budgets for higher education cut a lot during the 2009 financial crisis and then never recovered? I don't have source data for that but that is what I heard, that a greater share of the tuition falls on students now than ever before.
So this is an anecdote and can be dismissed as such. It's also not an appeal to authority, I just want to share my experience as I had sort of a front row seat to some of the dynamics we're talking about.
From 2009-2011 I was the student member of a community college board of trustees. I also chaired a statewide committee of student trustees that interacted with the state government on behalf of all community college students. This was in Illinois in the middle of the great recession and If you are not aware, Illinois has major budgetary issues even absent a recession. Suffice it to say the school was in a
bad way.
Every quarter would go by and money the state owed the college would not be deposited in school accounts. The state would be late month after month until they just canceled payments outright. And of course they weren't telling the school what their plan was so the school could prepare accordingly because there was no plan. It was a total cluster****.
The first thing the school did by way of response to the budget crisis was to hire the wife of prominent local member of Congress to be the president of the college. They needed a new president anyways and she was exceedingly qualified for the job. She had been a teacher and a principal and came with her own connections outside of her husband's influence. But the fact that she married into a political dynasty wasn't exactly lost on them either.
This sort of thing happens at schools all over the country. They pick administrators that are very important so they can leverage their connections into more funding for the schools. For public schools, this is something of an untenable situation. They cannot afford to pay market rates for that kind of talent and here I don't mean in the strict monetary sense. If my college had paid the president what she could get on the market for her connections and abilities, there would have been a massive political scandal.
So how do they compete? Well, in this instance, part of how it was handled was by offering up significant money to renovate her office which included a nice private bathroom. The professors at the school hated this - because they hated the administration anyways - and the 'golden toilet' became a running meme within their circles. What they didn't understand was that the President was bringing in money through the federal and state government that the school couldn't have gotten anyways. And she was really good at her job of running the college! So throwing her perks in the way of a super nice office was well worth it as they were competing with massive colleges and universities (private and public) which could all afford to pay her more in cash.
But in other instances, colleges do pay sky-high salaries to administrators and unfortunately this doesn't always pay off. Moreover, once salaries at the very top begin to climb, so too will the salaries for people on the next level down in the administration and so on. At the end of the day, schools have become administration heavy and students are paying the costs because the states have been negligent in their duties to fully fund public education. Even when budgets have improved, the states have learned that this is a cost they can push onto a certain segment of the population without significant pushback.
College kids don't flipping vote so there's no check on the cycle.
Unfortunately, it's not just the students who suffer. Across the board, colleges and universities are turning to extremely underpaid adjunct positions to control costs. In theory, adjunct faculty have a valued place within the system. Not all people want to teach full time and are fine not getting on a tenure track. This is especially true at community colleges where you will find a lot of professionals teaching a night course a semester on the side purely out of their love for teaching. But more and more it is becoming normalized that departments will be expected to function with a few rockstar professors (that bring in the grant money) and an army of adjuncts making near or even less than minimum wage teaching the workaday classes.
And while it is true that administrative salaries have climbed and there has been a push by schools to spend frivolous money on stadiums and luxury housing, at the end of the day the failure lies directly with the state to fully fund their obligations. And in many cases, as the states have withdrawn funding, so too have their interests wandered. There's less public oversight over how money is spent because schools have been sort of left to fend for themselves. And when the schools raise their own funds through bonds and tuition hikes rather than through the legislature, there is even less oversight on how it's spent.
This problem is multifaceted and it's easy to caricature golden toilets without addressing the root issue. Our states have failed us and now you and I are failing to address the issue through the ballot box. Even with the recent wave election there is no serious plan to tackle any of this.