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I've looked at a bunch of school financials, and I am not really seeing the admin bloat that everyone quotes. That said, its not really the only metric that ma
by wtvanhest 7y ago
I've looked at a bunch of school financials, and I am not really seeing the admin bloat that everyone quotes.
That said, its not really the only metric that matters, but it does matter a lot. And it matters a lot more than all other metrics around cost because you can easily reduce those other metrics if they are truly bloat.
Professor salaries cannot easily come down, and you cannot easily add more kids per class.
- chongli 7y agoSchools don't need to bring professor salaries down. They just hire cheap adjuncts to teach a lot of classes. That greatly reduces their average cost per credit hour. Good professors pay for themselves by bringing in grant money.