When I was in college, the football program by itself made enough profit to pay for all other sports programs, varsity and intramural. That was a big program (University of Michigan) but it's the same everywhere. Television dollars.
I went to college on the GI Bill. But regarding student loans, it's as much the parents as the students. When our oldest daughter was accepted at a good (but private) university, the school sent her a letter that said in effect "Unless your parents lied on your financial aid application or you have a very rich grandparent, you can't afford to come here." She ended up going to a school in the state system that was pretty reasonable and graduated with a manageable level of debt.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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