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by inglor_cz 1636 days ago
There actually is a reason: a huge, bloated, parasitic administration, plus other expenses that are far from necessary (e.g. top class sport facilities; nice to have, but quite a luxury for people who just entered adulthood and need to manage their money carefully).

A lot would change if a federal law required universities that take federal money to push their administrative spending under 15 per cent of their total budgets or so.