Seriously, what are you talking about?
Most large flagship public universities have an annual Cost of Attendance for out of state students in the $50-60K range and Penn State's COA of $56,264 for out of state is right in that range.
I agree that college costs in general are "out of whack". But I would vehemently disagree that Penn State's cost for a non-state resident is anything but the norm for most colleges.
Here are the out of state annual costs for all public Big Ten schools (including tuition, room & board, other fees and expenses):
Illinois: $36,930-$42,310
Purdue: $45,184
Nebraska: $47,462
Iowa: $52,599
Rutgers: $53,155
Ohio State: $54,760
Penn State: $56,264
Minnesota: $57,224
Maryland: $59,686
Wisconsin: $61,106
Indiana: $61,506
Michigan St: $64,250
Washington: $65,541
Oregon: $68,931
UCLA: $77,293
Michigan: $80,142 (!!)
I don't see how anyone can look at this and think that somehow PSU is some crazy outlier. There's certainly some that are a good bit more affordable (kudos to them!) but also a bunch that are worse and often a lot more expensive.
OBVIOUSLY.