Chile has the most expensive higher education in the world. Per student, the country spends less than any other, and the student spends more. The Boston Review reports on the rampant expansion of for-profit education in Chile over the past four decades and the student protests which are starting to turn the tide of public opinion against educational profiteering:
http://www.bostonreview.net/BR38.3/lili_loofbourow_chile_education_privatization.php