Well, as these costs escalate, I think more and more parents will change their minds about the “follow your dreams” nonsense. I see it happening now.
My daughter goes to a highly regarded public magnet school. We are in Texas. In Texas, students can of course take the traditional Advanced Placement courses === but some of the Universities here shot themselves in the foot by refusing to accept the AP credits under some conditions. So, the State Legislature decided to shoot THEM in the foot by creating a “dual credit” programme where students can, in high school, take college courses online through the local junior colleges; they get both a HS credit AND a college credit at the same time. Then, the Legislature slammed the door shut on the Universities (the public ones — — they were just refusing to take the AP credit because it was costing them money, after all) by requiring them to take ALL JC credits towards the four year degree.
Thus, the power of the “four year university” erodes. More and more students, as my daughter will, leave HS with their entire 1st year of college credits completed. Some will then go off for the four year university as a sophomore; others will stay and complete the two year degree first (at 300 dollars a course) before they go on to the university (who charge 1500 a course).
Further, I expect more and more parents over time will start questioning the entire elective portion of these degree programs in their entirety. It’s one thing to charge a student 300 dollars to take a course that “enriches” them; however, when the charge is 1500 dollars a course, you can keep your “enrichment”, thank you very much.