<rant>This problem has been growing for a very long time.
Over three decades ago, I was a student at Mankato State University. One year, there was ZERO money spent on the library (which was sorely needed).
That same year, the school spent $1 Million on a clock tower, built in an area no one ever saw it while on campus as it was outside the circle of academic building.
They did this, apparently, because an alumni had offered $1 Million IF the school would match the funds to build the clock tower.</rant>
To the OP, I suspect it would not be posssible, politically, to put such restrictions on public schools, much less private universities. Politically, it is much easier to forgive student loans (though still not easy).
Over three decades ago, I was a student at Mankato State University. One year, there was ZERO money spent on the library (which was sorely needed).
That same year, the school spent $1 Million on a clock tower, built in an area no one ever saw it while on campus as it was outside the circle of academic building.
They did this, apparently, because an alumni had offered $1 Million IF the school would match the funds to build the clock tower.</rant>
To the OP, I suspect it would not be posssible, politically, to put such restrictions on public schools, much less private universities. Politically, it is much easier to forgive student loans (though still not easy).