Supply vs demand, universities can charge ridiculous tuitions because they are in demand more than ever. Yes the governments have made it so you cannot bankrupt the tuition debt, but it doesn't mean you need to take on that debt to beginwith.
Will bureaucracy and identity politics kill the universities? No they wont die, they will simply be of lower quality. What makes a university better than another? The quality of the education fundamentally. If they don't hire based on merit, the quality of the education drops.
Even if they drop to diploma mill quality, they wont die.
What will kill universities is if they get replaced. The "community" derives out of quality education. If you went to a university which gives away diplomas to anyone, then opened a business. You wont want to hire from that pool of applicants. Look at Elon Musk's hatred of university degrees and especially MBAs.
Will bureaucracy and identity politics kill the universities? No they wont die, they will simply be of lower quality. What makes a university better than another? The quality of the education fundamentally. If they don't hire based on merit, the quality of the education drops.
Even if they drop to diploma mill quality, they wont die.
What will kill universities is if they get replaced. The "community" derives out of quality education. If you went to a university which gives away diplomas to anyone, then opened a business. You wont want to hire from that pool of applicants. Look at Elon Musk's hatred of university degrees and especially MBAs.