College enrollments have been declining. I doubt that students are attracted to college by all this luxury. Cost is a much bigger factor with students and their parents. Student indebtedness because of college loans has reached a critical $1 trillion mark. Default rates on college loans are at an all-time high. Job prospects for college graduates are dismal. This is all causing students to reconsider attending the high-priced universities.
It's all so unnecessary. When I attended the Harvard Graduate School, students sat in class on hard straight chairs. We didn't have desks in the classroom. We took our notes on a long straight piece of wood used in common by a whole row of students, on which students for generations has carved their initials.
The Edifice Complex is contributing to higher tuition and fees for students and to the burden on taxpayers through the funding of state universities. Taxpayers are also left on the hook when students are unable to replay their loans.
Listen to the radio commentary here: