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by wtvanhest
3228 days ago
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This is the view of people who have not really looked at university budgets. "experiences" are cheap compared to headcount. Buildings and experiences are mainly funded by outside donation specifically for the experience or building. People do not often donate to "expand salaries and headcount for faculty and administrators". The result is that students pay for headcount and donors pay for experiences. It isn't just administrative headcount, it is also teaching headcount. If you want a low price, you cannot have a $200,000 a year professor teaching 30 students and doing some research unless the research is funding their salary. We need to lower the cost of colleges in the United States dramatically and that means tough choices, but it won't happen until we reach the point where student loan defaults are so prevalent that the federal gov can no longer subsidize them. We have a crisis on our hands and our politicians are talking about lowering the cost of borrowing by 2%, and making colleges "free". They are not interested in driving down the real cost of an education. |
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