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And even in higher-ed, it's largely a false narrative as well. Overall spending per student at state schools is down. Here are the numbers for UC: http://dail
by secabeen 9y ago
And even in higher-ed, it's largely a false narrative as well. Overall spending per student at state schools is down. Here are the numbers for UC:
http://dailybruin.com/2014/11/18/tuition-rises-despite-declining-uc-spending-per-student/ http://dailybruin.com/2014/11/18/tuition-rises-despite-decli...
Administrative salaries are up, but generally in line with increases in research funding (research funding has a lot of administrative overhead. Read OMB Circular A-21 if you want to see some example details.) Yes, there are reports of some over-payments at the top executive levels, but just like in a corporation, overpaying the C-Level executives by $10/mil a year just doesn't move the needle for companies with 10's of billions of dollars a year in revenue.