2 ms·
That's the point, these institutions have been bloated from years of excessively raised tuition costs and those over paid professionals don't know what to do.
by freitzkriesler2 3y ago
That's the point, these institutions have been bloated from years of excessively raised tuition costs and those over paid professionals don't know what to do.
Would those same over paid administrators manage to right their ships if the fat disappeared?
This happened at my alma mater which is a private college in New York during the pandemic. They had a massive hole in revenue and their over paid president was essentially kicked out. The diversity hire they brought in struggled just as much and the school is still hemorrhaging money. The presidents salary was $350k for BFE new York.
We're a few years from the pandemic and now they're dealing with reduced enrollment thanks to excessive tuition costs and declining alumni donations.
Harvard and other big institutions have intertia and status to float by. A lot of these other schools? Not so much.
Trim the fat and higher Ed corrects itself by flushing the grifters out .