The ability to leverage the entirety of one's future is how universities get away with such exorbitant fees. Coupled with government subsidizing pretty much ANYONE who wants to go to college, and the idea that literally "everyone should have a degree", we have ended up with a fairly stupid system of higher education. The simple fact of the matter is that not every job requires "skilled" laborers (skilled implying training one can only receive through college). In turn, we dumbed down our regular public education system just so as not to blackball anyone who wants to try at a degree, regardless if they have the intelligence or wherewithall to actually earn one.Essentially, I think universities are OVERPRICED for the jobs which people acquire once out of them.
Want to make college cheaper? Get the government out of the game and let the market take over. Make the system competitive. If schools had to compete for students (and their money), the fees could not be so ridiculous.