4 ms·
Tuition has skyrocketed yet class-size keeps going up and many tenured professorships are in fact being abolished across the country. Where is the money going?
by marcoperaza 9y ago
Tuition has skyrocketed yet class-size keeps going up and many tenured professorships are in fact being abolished across the country. Where is the money going?
To an explosive growth in administrative (ie non-academic) staff. With the government giving out loans to anyone who wishes to attend, colleges have no reason to keep their costs in check.
Dartmouth, my alma mater, has about one employee per student. Most of these people do nothing, at best. Many are engaged in running one of the dozen or so administrative departments, one for every kind of minority imaginable, dedicated to indoctrinating students in how much they are oppressed by the white-male patriarchy. Most are just bureaucratic paper pushers who are totally unnecessary. Another chunk is overpaid low-skill laborers who are making several times the market rate in the area, but are unionized and protested (with the support of naive students) when there was an attempt to bring their compensation down slightly. And to be clear, I don’t blame any of these groups for protecting their own interests, I blame the college leadership for not doing what must be done.
The college overpays for building projects by whole-number multiples and is generally getting ripped off by contractors.
The solution is to limit the amount of federal government student loans per year to a much smaller number. The colleges will kick and scream and complain of "evil [political party]" stealing education from babies' mouths, or something like that. But then they'll quietly start making the tough decisions to cut their ridiculous expenses and bring tuition down.