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by jlarocco
4736 days ago
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You're not really refuting the article's point, and you're not making a very good argument that school administrators are committing control fraud. Where is the evidence for control fraud? The article makes a good point, IMO. Schools can pay "big fat administrator salaries" because students have practically unlimited access to money via student loans. Give everybody a 10% raise, and tell students to take out 10% more loans. If the student can't pay the loans then it's not the school's problem, but maybe it should be. |
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It is not just giving your deans a big loan to buy a house and the forgiving it. It includes paying yourself excessively.
If someone is stealing from you, the answer is not to make them share the risk.