I get a kick out of actresses going to jail buying their kids into college. They didn’t understand the concept of ENDOWMENT, an age old way to not only get your kid into college, but get a degree without doing a thing.
Yes, 27 years ago, college administrators were thinking like businessmen, not like academics. That’s why the Academic-Industrial Complex has overtaken the Military-Industrial Complex as the #1 despoiler of the U.S. economy (followed by the Medical-Industrial Complex; military’s #3 now).
College Presidents used to get a salary of $1,000 per year more than professors. Now, it’s common that they make 10 times what the average professor at their school makes.
When I worked at a university (a “highly selective,” very proud-of-themselves Ivy wanna-be) they posted a job opening for a minor administrative post, listing the requirements and salary. It paid more than most professors made, and required no experience whatsoever (as long as you had the required degree, you were “qualified”). The required degree was one of those where it’s well-known that 90% of people with that degree are still working jobs asking “you want fries with that?” five years later. But it was an administration job, however minor, so it was grossly overpaid.
You want to know why college tuition has ballooned so, in the last few decades, while they now have fewer full professors and pay them less? It’s because the number and pay of administrators have ballooned. (It’s created an exponential effect: when you triple the number of administrators, and triple their pay, the administrative cost goes up 9 times.) How has this happened? Because the ones making the decisions about how many administrators to hire and what to pay them are…university administrators.
Back in the day, there was a “Walden” in Fairfield Iowa named Parsons College. Parsons is described in Wikipedia: “There was a turning point, however, in 1966 when Life magazine published an article criticizing the college and its president. Later that year the school lost its accreditation and Roberts was asked to resign as president.” The Life magazine article was a gem. It began with a picture of some students who had just returned from Florida. They had a shark tied to the roof of the VW Beetle.
This is an example of trickle-down economics, academia style. The administrators get the big bucks for having these profound insights, and what’s left trickles down to the faculty.
Seems to me that if you can pay the fees you should be allowed a college ed, even if you don’t get enough points to graduate. They get money and you hopefully at least, come out with more knowledge than you went in with. Good schools are foments of thought and serious discussion. Whatever ultimate work you do in life be the best at it. Too may people go through the motions of a job but you can tell they clearly could care less.
BE THIS GUY about 4 years ago
Damn it, Deadman! I can’t pay your salary with R-E-S-P-E-C-T, no matter what it means to you!
alaskajohn1 about 4 years ago
Perhaps he should hire Aretha Franklin.
Renatus Profuturus Frigeridus Premium Member about 4 years ago
Who could have been a Walden former student ?
Troglodyte about 4 years ago
You’re a dead man, Deadman. Go home and smother your principles with a soft pillow.
NeedaChuckle Premium Member about 4 years ago
I get a kick out of actresses going to jail buying their kids into college. They didn’t understand the concept of ENDOWMENT, an age old way to not only get your kid into college, but get a degree without doing a thing.
jeffiekins about 4 years ago
Yes, 27 years ago, college administrators were thinking like businessmen, not like academics. That’s why the Academic-Industrial Complex has overtaken the Military-Industrial Complex as the #1 despoiler of the U.S. economy (followed by the Medical-Industrial Complex; military’s #3 now).
College Presidents used to get a salary of $1,000 per year more than professors. Now, it’s common that they make 10 times what the average professor at their school makes.
When I worked at a university (a “highly selective,” very proud-of-themselves Ivy wanna-be) they posted a job opening for a minor administrative post, listing the requirements and salary. It paid more than most professors made, and required no experience whatsoever (as long as you had the required degree, you were “qualified”). The required degree was one of those where it’s well-known that 90% of people with that degree are still working jobs asking “you want fries with that?” five years later. But it was an administration job, however minor, so it was grossly overpaid.
You want to know why college tuition has ballooned so, in the last few decades, while they now have fewer full professors and pay them less? It’s because the number and pay of administrators have ballooned. (It’s created an exponential effect: when you triple the number of administrators, and triple their pay, the administrative cost goes up 9 times.) How has this happened? Because the ones making the decisions about how many administrators to hire and what to pay them are…university administrators.
For a Just and Peaceful World about 4 years ago
Back in the day, there was a “Walden” in Fairfield Iowa named Parsons College. Parsons is described in Wikipedia: “There was a turning point, however, in 1966 when Life magazine published an article criticizing the college and its president. Later that year the school lost its accreditation and Roberts was asked to resign as president.” The Life magazine article was a gem. It began with a picture of some students who had just returned from Florida. They had a shark tied to the roof of the VW Beetle.
carlzr about 4 years ago
If students are looking for a respected institution, they should enlist.
vaughnrl2003 Premium Member about 4 years ago
So is this the seed of on-line education?
txmystic about 4 years ago
Prof. Deadman’s name is apt.
prrdh about 4 years ago
This is an example of trickle-down economics, academia style. The administrators get the big bucks for having these profound insights, and what’s left trickles down to the faculty.
JR0602 about 4 years ago
Lori, “I didn’t do anything wrong” Laughlin comes to mind. I hope she rots in the can, pompous *itch.
Eric S about 4 years ago
DEADMAN… DEAD MAN WALKING!
Gweedo -it's legal here- Murray about 4 years ago
Seems to me that if you can pay the fees you should be allowed a college ed, even if you don’t get enough points to graduate. They get money and you hopefully at least, come out with more knowledge than you went in with. Good schools are foments of thought and serious discussion. Whatever ultimate work you do in life be the best at it. Too may people go through the motions of a job but you can tell they clearly could care less.
Kip Williams about 4 years ago
Still disappointed that this isn’t the 60s DC character Deadman.