At the risk of my own job, there is another factor here.
I'm a researcher in higher education. I started this work in 1993, before most of this stuff happened.
Back then, institutional research was a maybe half time job for one person. Most offices were single person shops, with maybe a faculty member helping out part time.
Now, for example, the last college district I worked for employed 14 staff members full time to deal with all of the regulatory requirements, plus requests from US News, Princeton, and dozens of other private folks. With fringe, this is probably around $2 million. For maybe 25,000 full time equivalent students.