Can you break down the numbers for #1? If Stanford is $60,000 how much if that is the actual sticker price? How much of that is being given to other students in free financial aid? As a follow-up, how fucking INSANE is it for someone who can't afford a school to take out a loan to pay for that school and a portion of that loan pay for someone else who also can't afford to go? For me to take out a loan to pay for someone else is fucking ludicrous.
On you third point, that's true but in theory those costs should not have increased 12x in 30 years. That would be remarkably hard to justify.
It says tuition=fees is 43K/year, and Stanford provides 126M in institutional financial aid (i.e. not from the government). They had about 7K undergrads, so it looks like 18K/year per student. That's just my guess because I don't know how graduate students are counted, or other accounting anomalies.
On you third point, that's true but in theory those costs should not have increased 12x in 30 years. That would be remarkably hard to justify.