2011 August 29 Monday
Administrators Driving Up Costs Of Higher Education

Why has the inflation-adjusted cost of higher education tripled since 1980? Writing in Washington Monthly Benjamin Ginsberg argues Administrators Ate My Tuition.

Between 1975 and 2005, total spending by American higher educational institutions, stated in constant dollars, tripled, to more than $325 billion per year. Over the same period, the faculty-to-student ratio has remained fairly constant, at approximately fifteen or sixteen students per instructor. One thing that has changed, dramatically, is the administrator-per-student ratio. In 1975, colleges employed one administrator for every eighty-four students and one professional staffer—admissions officers, information technology specialists, and the like—for every fifty students. By 2005, the administrator-to-student ratio had dropped to one administrator for every sixty-eight students while the ratio of professional staffers had dropped to one for every twenty-one students.

Education has grown up a big parasite class that lives off it. They run a university prestige racket that cons parents and prospective students, graduating students into debt peonage. We can no longer afford this, what with stagnant (or worse) living standards and bleak prospects for economic growth. Plus, the returns on investment from higher education are exaggerated. I argue for online education in large part because we need to break away from the high cost model that conventional higher education has evolved into.

Share |      By Randall Parker at 2011 August 29 11:20 PM  Education Costs


Comments
red said at August 30, 2011 1:04 AM:

It's even at the community college level. The school I work at has close to 60 middle managers who all make 100k+ a year to go to meetings and implement bad ideas that harm students. That's on top of a president bringing in close to 500k(with free housing, cars, ect). College is a scam.

California kid said at August 30, 2011 11:12 AM:

The schools before the mid-70's (both grammar and colleges) were run by the GI's. They were run by men. After they left, the deluge.

Zamman said at August 31, 2011 6:52 PM:

Higher costs still? Wow!

There's something really wrong around this place.

Con1 said at September 5, 2011 3:13 PM:

Are idiots still going to college and preparing for jobs that will not exist?

Haven't people realized that higher education has now become an enormous waste of time and money?

Smiley;) said at September 25, 2011 6:38 PM:

Well in my opinion, this is ironic, because the education is increasing and there are fewer and fewer educated people. However this is good because the education has to be supported and it has to keep growing in every part of the world. This is extremely important to the future, because the world depends of the current generations so I don`t think this could be an unnecessary wast of money.


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