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A significant additional problem is that universities are operating more and more like for-profit businesses and less like actual non-profits, even though they
by araes 13y ago
A significant additional problem is that universities are operating more and more like for-profit businesses and less like actual non-profits, even though they are provided vast ranges of legal opportunities and labor sources unavailable in most of the private sector. In the last decade, education and tuition costs at places like UC have often quadrupled or more, and many times that money is going to administration and licensing salaries rather than what they're supposed to be doing - educating students. All with guaranteed loans and significant write downs.