1991 MIT won a supreme court case that allowed them to raise tuition as much as they wanted as long as they gave out cost breaks to students that would not be able to pay that much, this qualified MIT to be taxed as a charity and pay nothing in taxes. Other schools followed and jacked up tuition. They still are. It is all a grift. Even in the 90's the freshman class at MIT paid more than enough to fund all the teaching needs of all the other classes along with their own. Realistically, if student loan forgiveness happens, it needs to be pulled from the college endowments that the tuition stuffed into.