Public higher education yields more skilled workers, who contribute more to society, thereby being a net positive overall. That's how it works in civilized country anyways. Too bad the average American can't think further then "Me no share, fuck you".

"Public higher education yields more skilled workers" as compared to what? Laborers or trade-skill workers? I think people overestimate the ROI of a college diploma.

Let's just assume you are correct. The solution should be universities lower or eliminate tuition. Not exponentially increase it. Not pay presidents and coaches millions and millions of dollars. And not stick taxpayers with the bill - or devalue our currency with government spending.