Quote Originally Posted by hoosier
Have you considered that higher ed institutions might be competing with other institutions in the private sector to attract capable administrators? You want universities to slash their executive payrolls, but what about the typical seven digit salaries for CEOs in the corporate world? In short, universities don't just compete with other universities....
I'm not going to disagree that executives in all areas of business/education are overpaid by and large. I want universities to stop spending billions of dollars competing with each other with bigger and better...particularly at the undergraduate level, whick provides a very limited service to the real world at this point in time. You learn far more about your field when you actually get a job...so why waste $75k on a four year education? An undergraduate degree that just gets your foot in the door for a first job should be half that cost. Putting everyone in hock because universities want to have building wars to see who can have the most lavish dorms and amenities is useless IMO.