Follow the Money
The vicious cycle is obvious. So why not stop raising the loan maximums? Because higher education is a $200+ billion industry. Even in the public university system, an entrenched bureaucracy is getting wealthy off high tuition. The corrupt cycle looks like this: university administrators and faculty unions donate to left-wing super PACs. In return, they ask for increased student loan limits and more federal grants under the banner of increasing “affordability” for students. Universities then raise tuition and funnel the new money into raises, administrative expansion, and campus construction projects. Then, faculty members continue indoctrinating students to vote for far-left candidates, and the racket continues.
A Forbes article stated the following:
“Between 1976 and 2018, full-time administrators and other professionals employed by those institutions increased by 164% and 452%, respectively. Meanwhile, the number of full-time faculty employed at colleges and universities in the U.S. increased by only 92%, marginally outpacing student enrollment which grew by 78%.”
University administrators are not using the increased tuition revenue to create smaller class sizes or improve student’s education. They are inflating the bureaucracy to create a colossal social justice organization.
Graduation now depends on ideological coursework; every student in the California State University system’s 23 campuses must take a class in ethnic studies or social justice. The point is twofold: indoctrinate students in radical leftist ideology and create education jobs for graduates with useless degrees like San Francisco State’s Social Justice Education program. It’s a pyramid scheme designed to enrich the academic elite and cement progressive dogma in the young professional class.
Universities are so effective at converting students into activists that the education system can’t even afford to employ them all. We have begun to see the private sector’s culture shift to placate the radical employees coming out of colleges. So many young adults have fallen under the spell of left-wing cultural ideology that an entirely new industry has appeared out of thin air. “Diversity, Equity, and Inclusion” training and consulting is now a $15 billion industry. Firms now feel obligated to create mandatory training programs under pressure from young employees. These consulting fees are nothing but tributes to activists in exchange for a “Get-Out-Of-Jail-Free” card in case an employee says something in public contrary to leftist social doctrine. While universities have succeeded at getting rich by indoctrinating students and poisoning our culture, they’ve also buried an entire generation in debt.
Delusions of Adequacy 
