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I can understand why president's make a lot of money. From the article: The chart-busting payday for Hatch, who has headed up Wake Forest since 2005, was partl
by at-fates-hands 9y ago
I can understand why president's make a lot of money. From the article:
The chart-busting payday for Hatch, who has headed up Wake Forest since 2005, was partly from compensation of more than $3 million that came due in 2015
"President Hatch's compensation over the course of his tenure reflects his exceptional leadership," trustee chair Donna Boswell said. The school has raised nearly $800 million under Hatch, she said.
So they paid the guy $3 million and got over $800 million back in return while he's the university? As a student or faculty, that would be good news for me. More endowments, better facilities, more scholarships.
The one thing I do not understand is how technology has made everything more efficient. How is it education seems to be one of those areas where despite the advances in technology, tuition seems to still go up, certain courses and majors demand more and more course materials, and the debt students have to incur is greater and greater.
When I was in college in the mid aughts, they made a huge deal about giving all the students laptops as opposed to having huge computer centers and the millions they were saving by doing so. And yet, every year since then, tuition went up. It's totally baffling to me.