We have the most coveted colleges in the world. They aren’t broken. They are expensive. That’s two separate things.Maybe it's time to re-think the purpose(s) of higher education. Its purpose doesn't all run along one track.
Some degrees/programs are more career and job-based. Others are more general or more culturally-based.
It seems to me that right now, institutions of higher learning have the upper hand. That sure doesn't seem like the proper priority.