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Administrative bloat and student debt linked

From the NY Times:

At the 25 public universities with the highest-paid presidents, both student debt and the use of part-time adjunct faculty grew far faster than at the average state university from 2005 to 2012, according to a new study by the Institute for Policy Studies, a left-leaning Washington research group.

The study, “The One Percent at State U: How University Presidents Profit from Rising Student Debt and Low-Wage Faculty Labor,” examined the relationship between executive pay, student debt and low-wage faculty labor at the 25 top-paying public universities.

The co-authors, Andrew Erwin and Marjorie Wood, found that administrative expenditures at the highest-paying universities outpaced spending on scholarships by more than 2 to 1. And while adjunct faculty members became more numerous at the 25 universities, the share of permanent faculty declined drastically.

5 Comments

  1. honest Uncle Bernie 05/18/2014

    A very interesting study that probably correlates with what has happened at UO.

    By the way, a lot of the critics of the “corporate U.” think that the TTF are in on the game too, at least the upper echelons.

    • Max Powers 05/19/2014

      There are a lot of universities paying adjuncts because TTF don’t teach their full loads. You have to cover what they are not teaching with someone.

      • Anonymous 05/19/2014

        I think if you look at the historical national trend on the increasing reliance on contingent faculty, you’ll see it’s more about a decline in TTF lines overall, not a decline in their teaching load.

        In 1970, contingent faculty made up about 20% of faculty. Today, it’s closer to 75% across the nation. That is about more than TTF not teaching their full loads. The economic squeeze on Universities due to declining state support has been financed on the backs of contingent faculty and students.

  2. chuck 05/19/2014

    In 2007, then New York Attorney General Andrew Cuomo released the results of his investigation of widespread university financial aide corruption, and the more than cordial relationship between uni administrators and loan originators. The IPS reports is nothing new to any of us who were paying attention. Leads to the question, where were the Faculty Senates when all this was going on?

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