higher education in the USA has largely been a racket for at least two decades now.
insane tuition, predatory and un-banckruptcy-able student loans, broken promises of tuition forgiveness, textbooks and coursework license fees being a racket of their own, utter uselessness of degrees to get jobs, utter uselessness of a lot of people with degrees, nepotism in admissions, fascist attacks on students' free speech, and so on