A college education is the way out of poverty in America. Hence the tolerance of high fees. Of course, not everyone succeeds.
https://www.ineteconomics.org/perspe...or-most-peopleIn one of these countries live members of what Temin calls the “FTE sector” (named for finance, technology, and electronics, the industries which largely support its growth). These are the 20 percent of Americans who enjoy college educations, have good jobs, and sleep soundly knowing that they have not only enough money to meet life’s challenges, but also social networks to bolster their success.