Well, the issue is there's never been a university that had to "cut costs" since they've all got strong endowments or a base of students to rob slightly more ye

Well, the issue is there's never been a university that had to "cut costs" since they've all got strong endowments or a base of students to rob slightly more year after year. I wonder if this professor also thinks there's no bloat at the institutional level.. despite some schools having almost* single digit ratios of admin to students.