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RE: [Pen-l] Will Higher Education Be the Next Bubble to Burst?



No really, isn't there bloat and excess at the "top" of the corporation?
Besides, the corporation can justify this growth because it has a means of
measuring "performance", namely profits.  If corporations continue to return
acceptable profits no one will question management's excesses but once
profitability becomes a problem, so do excesses (sounds familiar?).

There is no comparable measure of performance for a university.  It is run
by the upper administration with little or no oversight over or measure of
performance.  The only real mandate, at least at a public university, is to
avoid getting in debt and the university simply raises tuition to increase
revenues (totally in line with neo-liberal thinking)  In 10 years, my
university went from one of the least expensive Universities in Michigan to
one, if not, the most expensive U. in Michigan.     

CHAD
-----Original Message-----
From: pen-l-bounces@xxxxxxxxxxxxxxxxxx
[mailto:pen-l-bounces@xxxxxxxxxxxxxxxxxx] On Behalf Of raghu
Sent: Monday, May 18, 2009 4:45 PM
To: Progressive Economics
Subject: Re: [Pen-l] Will Higher Education Be the Next Bubble to Burst?

On Mon, May 18, 2009 at 11:24 AM, Carl Dassbach <dassbach@xxxxxxx> wrote:
> I haven't set about to collect data so much is anecdotal.  In my
university,
> the administration has gown over 300% in the last 10 years while the
faculty
> has grown maybe 20%.  The number of vice-prezs has increased from 3 to 7,
> all extremely well paid and our president's salary is among the highest
10%
> of salaries for university presidents in the country.


What do all these administrators do? Isn't this bloat in staffing
contradictory to the trend of corporatization of the universities?
-raghu.


--
A dyslexic man walks into a bra..
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