1) When universities discovered that more students were able to afford school, they began to raise tuition.
2) A rise in tuition meant that students needed to borrow more money, and, with easy loans, more was made available.
3) Go to step 1.
This leads to an overall increase in prices for an education.
The same thing happens with US health care.
The more money the government pumps into the system, the higher prices go.
Of course, many people get squeezed out in the process.
"...The same thing happens with US health care."
Absolutely true. Third party payment can be counted on to drive prices out of control. Trend levels in HC and tuition have been close for years, for the same reason.