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It would also help to require administrative salaries to be below a certain percentage in order to qualify to accept federal loan money. (I would think 8% or lo
by dv_dt 3y ago
It would also help to require administrative salaries to be below a certain percentage in order to qualify to accept federal loan money. (I would think 8% or lower).
- WalterBright 3y agoMore regulation to micromanage things is never going to work. For example, what if you've got an opportunity to hire Feynman, but he expects 9%? Maybe you'll skirt the 8% requirement by giving him a company car to use. Nobody is smart enough to write a regulation that can't be gamed.
- haldujai 3y agoRegulating administrative overhead as a single line item with a fixed percentage is micromanaging?
- ssivark 3y agoYes, because somebody might innovate an education model where administrative salaries are 90% of the cost but students learn well, and earn well. An 8% cap would close off such avenues for progress. In general (going back to basic cybernetics/control theory), it’s better to regulate outcomes (what you actually want) rather than inputs, unless you’re sure you have the correct model of the system. So it’s much better to make collages share the risk, rather than the government footing the risk and instituting regulations and processes.
- WalterBright 3y agoYup. You'll have to include regulating what an administrator is. And what their duties are. And so on.
- haldujai 3y agoPublic universities already label and report on administrative staff and overhead. I'm not sure that I would call this micromanaging. https://www.usnews.com/education/articles/one-culprit-in-rising-college-costs https://www.usnews.com/education/articles/one-culprit-in-ris... https://www.ppic.org/publication/higher-education-in-california-institutional-costs/ https://www.ppic.org/publication/higher-education-in-califor...
- dv_dt 3y agoIf Feynman were available it would be a colossal waste for him to be administrative. Many regulations work fine - not regulating is what is breaking civilization down all the world and economy right now.
- cafard 3y agoGaming rules is a fine tradition. But who is the Feynman of college administration? I can think of about five famous university presidents, and I'm not sure the innovations of any were that positive: Eliot and Conant at Harvard: Gilman at Johns Hopkins; Hutchins at Chicago; Kerr at California. In a purely economic view, the publicity garnered by a couple of them was a gain for their schools, I guess.