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According to reports, the main reason tuition has been rising so much is that colleges have had to make up for reductions in the per-student subsidy state taxpayers sent colleges.
Increases in spending have been driven mostly by higher administration, maintenance, and student services costs.

www.usnews.com/news/college-of-tomorrow/articles/2014/09/22/why-college-costs-so-much-overspending-on-faculty-amenities

Sep 22, 2014 ... U.S. colleges and universities are overspending on unnecessary programs and campus perks – often financing pet projects via a growing ...

www.nytimes.com/2015/04/05/opinion/sunday/the-real-reason-college-tuition-costs-so-much.html

Apr 4, 2015 ... The Real Reason College Tuition Costs So Much ... large increase in public spending a “cut,” as some university administrators do, because a ...

www.cnbc.com/2015/06/16/why-college-costs-are-so-high-and-rising.html

Jun 16, 2015 ... With student debt outstanding topping 1.2 trillion, parents, students and researchers are asking: Why does college cost so much? Here are ...

money.howstuffworks.com/personal-finance/college-planning/admissions/10-reasons-college-costs-much.htm

Here are 10 reasons why college costs so much from HowStuffWorks. ... Or does the price of college — as exorbitant as it seems — accurately reflect its market ...

www.amazon.com/Why-Does-College-Cost-Much/dp/0190214104

Much of what is written about colleges and universities ties rapidly rising tuition to dysfunctional behavior in the academy. Common targets of dysfunction include ...

www.capstonewealthpartners.com/blog/2/26/2016/so-why-does-college-cost-so-much-6-reasons-college-is-so-expensive

Feb 26, 2016 ... The other day I was listening to a local call in radio show. The topic of the conversation was why does college cost so much. Caller after caller ...

www.forbes.com/sites/ccap/2015/04/07/financial-aid-is-the-real-reason-college-costs-so-much

Apr 7, 2015 ... There are three standard explanations as to why college costs too much. First, there is the so-called Baumol Effect, named after a Princeton ...

www.insidehighered.com/news/2016/02/09/study-increased-student-aid-not-faculty-salaries-drives-tuition

Feb 9, 2016 ... But the idea that increased student aid drives up tuition is contentious, ... of William & Mary and author of Why Does College Cost So Much?

net.educause.edu/ir/library/pdf/ffp0005s.pdf

tuition. “Winner-Take-All” Society. The objective of selective academic institu- tions is to ... do so, because the economic return to attending a selec- tive private  ...