Exactly, many modern universities (even top 10 ones) are sadly quite broken. Extremely inefficient usage of funds, loads of bureaucrats for no good reason, and

Exactly, many modern universities (even top 10 ones) are sadly quite broken. Extremely inefficient usage of funds, loads of bureaucrats for no good reason, and loads of people that just optimize for number of papers. These tend to stick around doing politics to get their names well-placed in the paper du jour, despite not having done much for it. Math, and to a lesser extent physics & CS departments are less broken. But applied sciences places where I have been tend to be a trainwreck.