From the outside, that seems to have primarily two reasons:

- universities wasting massive amounts of money on things that have nothing to do with academics, such as sports programs, stadiums, etc.

- because they can, due to people getting ridiculous loans to pay the ridiculous tuition cost.

So all that would have to be done there is ban them from charging these ridiculous fees. Is that not it?

> universities wasting massive amounts of money on things that have nothing to do with academics, such as sports programs, stadiums, etc.

Don't forget administrative bloat.