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by pakled_engineer
4131 days ago
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President of my university made $600k per year, sold off endowment land for private condo development at a bargain price (surprise, development corp was a gov crony corp) then spent the money on lavish dorms and frats only foreign students could afford. He also chaired a 2 billion research gov public grant fund where money was used for patenting research and (surprise) sold them to megacorps that were government cronies. He then claimed we had no money and had to jack tuition, and allow in banks to shill credit cards to students (surprise, he used to be on that bank's directors board). The loser is the student who has to pay ever increasing fees to afford these giant salaries and siphoning of endowment to cronies. |
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