“College student loan debt now surpasses $1 trillion,” Vicki Alger from the Independent Women’s Forum pointed out last summer. If you look at the Chattering Classes, you can see part of what it is paying for:
October 4, 2012
3 presidents at public colleges, including Penn State’s Graham Spanier [2], made more than a million in 2010-2011. —Chronicle of Higher Education almanac.
The Ultimate Corporate Welfare [3]
September 27, 2012
36 college presidents made more than one million dollars in 2009–Chronicle of Higher Education almanac. —Chronicle of Higher Education almanac.
September 20, 2012
While everybody else was taking cuts in pay and benefits, executive pay went up 4.9 % in colleges—Chronicle of Higher Education almanac.
September 13, 2012
The want ads of the last Chronicle of Higher Education in August feature 15 pages of faculty jobs, 9 pages of administrative positions and another 3 of “executive positions.” Aren’t we getting a bit bureaucratic?
Malcolm A. Kline is the Executive Director of Accuracy in Academia [6].
If you would like to comment on this article, e-mail mal.kline@academia.org [7].