Rich people will pay, and poor and middle class students will use grants and loans to get through. The problem with that is the loans seem like a great deal, because of the racket, and only when students get out of college and are still waiting tables to they realize that the coming out of school with tens of thousands, to hundreds of thousands of debt, debt which you cannot escape, is a bad deal.
Perhaps I'm jaded because I funded my education with student loans that I used to receive a B.S. in Psychology and wish I would've studied engineering. I tried to move into post graduate studies, but I couldn't afford it - by that time I had a family and couldn't afford the time away from work.
The military paid off my student loans, but my degree has been useless since.