Granted! Now US universities consist of 99% immigrants/people on student visas.
As long as you let universities act like for-profit businesses, their profits will be the only thing they optimize for.
Has that happened in countries with similar policies?
No. It's a disaster. The poor pay for the richest to go to public universities. See Brazil.
There are more low-income people in private universities (with private or private/public loans) than in public universities.
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