>Quite true a few decades ago, less true today. Tuition has gone up largely through the "Paradox of Subsidies". The more money flowing in, the less the incentives to contain costs.
>
>http://www.realclearmarkets.com/articles/2013/08/30/the_paradox_of_subsidies_100587.html

That article makes sense.

The trick, I think, is to make subsidies temporary.
The post WWII GI bill was phenomenally successful, but it was targeted and limited. Once that population graduated, it was over, so schools couldn't afford to put in bureaucracy that would be dependent on that revenue.