4 ms·
Hahaha. Their premise is that price controls might >Forcing top public schools like the University of Texas or the University of Michigan to cut their budgets
by romwell 8y ago
Hahaha. Their premise is that price controls might
>Forcing top public schools like the University of Texas or the University of Michigan to cut their budgets might weaken their ability to hire top professors and provide supportive living environments for students, thus reducing education quality.
Are they kidding? Luxury living environments don't make an education. And professors' salaries are the last thing universities spend money on these days.
Just to put it in context, a tenure track math professor could be getting $60K. They'd be the privileged elite, since most of the instructors are adjuncts who work for food.
(Source: ask people in academia, but really, public schools publish salary data, at least in TX)
Price controls are exactly what we need. There's no way the universities will be paying their professors less than they already do. But perhaps some of those admin expenses would stop growing exponentially.
EDIT: some numbers for y'all:
https://salaries.texastribune.org/university-of-texas-at-austin/ https://salaries.texastribune.org/university-of-texas-at-aus...
Top guys make over $100K (still way less than a tech salary), but look at new hires and smallet schools. And TX is a relatively rich state.
- cafard 8y agoThat is a remarkably unhelpful page. One has to search on job title to sort faculty from support staff. As far as I know, though, Assistant Professor is the title for those at the bottom of the tenure track. Taking just "Assistant Professor"s, excluding Visiting Assistant Professors and "Assistant Professor Instruct"(?), only Texas A&M Commerce seems to pay math tenure track faculty that little.
- MR4D 8y ago"No state funds are used to pay for any salary in the UT athletic department, which is completely self-sufficient" Source: https://www.chron.com/sports/longhorns/article/Texas-regents-approve-Tom-Herman-s-five-year-10689744.php https://www.chron.com/sports/longhorns/article/Texas-regents...
- inuhj 8y agoWho pays for facilities and player scholarships? It's not difficult to move numbers around.
- MR4D 8y agoThink of the athletic department as a self contained division within the enterprise known as UT. That division has its own P&L, and consistently makes a profit. [0] [0] https://www.hookem.com/story/texas-athletics-generates-record-breaking-214-8-million-2016-17-athletic-year/ https://www.hookem.com/story/texas-athletics-generates-recor...