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The increase in tuition (and fees) make up for budget shortfalls everywhere (fancy facilities are actually not all that big of a deal if you crunch the numbers)
by Fomite 9y ago
The increase in tuition (and fees) make up for budget shortfalls everywhere (fancy facilities are actually not all that big of a deal if you crunch the numbers).
At the same time, getting rid of tenured positions is a decent means of cutting costs to try to address the same shortfall.
- m-j-fox 9y agoSounds like a death spiral. My father got a PhD in history so he could be a professor. If he couldn't expect that, he would have gone to business school, reducing the demand for history professors and so on until there's none left. You get it.
- Fomite 9y agoAt the moment, there is a surplus supply of PhDs. If, at some point, that gets corrected, things may change. Though I should note that PhD students in history aren't major drivers of demand for professors of history - undergraduates are. In the sciences, there's a bit more of an incentive to have lots of graduate students.