Indeed, in a free market for higher education everyone would have to make a decision about the value of higher education. Is going into debt 100k and losing four years of wages for a degree in english literature worth it?
The dirty little secret is that healthcare inflation isn't nearly as bad as higher education cost inflation; The last stats I saw were 6% for healthcare and 8% for higher education; Real inflation as calculated by teh Federal Reserve is less than 2% per year consistently.