Professors aren't paid terribly -- adjuncts, lecturers, and teaching assistants typically are. That's because there are far more people jockeying for teaching p

Professors aren't paid terribly -- adjuncts, lecturers, and teaching assistants typically are. That's because there are far more people jockeying for teaching positions than there are positions available. But saying college is expensive because it's inefficient begs the question: why is it inefficient? I'm inclined to think that the amount of federal money available is, at least, a factor...