One of the inherent problems that no one wants to talk about is the fact that colleges really have no need to decrease cost for students because plenty of people keep paying the inflated tuition, even though there are available alternatives. So this would be like a car dealer that keeps raising prices, and for some reason people keep buying their cars even though there's a less expensive dealer down the road. You can't really blame colleges for charging a price that the average consumer is willing to pay. So, at this point, technology might save a school money, but they are likely to use that to further bloat their their administration with more special offices and salaried personnel that they can then use to market the school to those willing parents. I am not sure how we break out of the cycle unless more families wake up and start choosing community colleges, and other forms of education, at a higher rate.
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We break out the cycle by teaching kids that debt is problem, being six figures in debt coming out of college and your job options are Mac Donald's or Burger King should break the cycle pretty fast. There are too many degrees being offered and pursued by these kids that leave them in the Micky D & BK scenario.