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Deans List: Hiring Spree Fattens College Bureaucracy—And Tuition
Keywords:
Administrative costs are one of the key reasons tution costs have increased to excessive proportions in the U.S., putting a heavy burden on the middle class, reducing social mobility that is an important aspect of postwar progress in Europe and the U.S. by putting college out of reach for millions of young people. This also creates a heavy debt burden for young people- U.S. student loan debt passed $1 trillion in 2012- who are less likely to buy a first home because of years needed to repay student loans. The market pressures to control costs do not exist in the same way as industries such as automobiles, because of the demand for college education in a modern globalized economy. Douglas Belkin and Scott Thurm have provided an indepth look at the University of Minnesota to show the spending surge and internal tendencies for faculty and bureaucracy to increase spending on hiring, building expansion to compete with other schools, and salaries to support their own within the college and university system, with a passive student community, and passive parent community, and lack of other outside pressures. Tution and fees for state residents doubled in the last decade at the University of Minnesota to $13,524. The figures tell the story- total debt with borrowing for building construction at U.S. 4 year public colleges tripled to $88 billion between 2002 and 2011, according to the Department of Education. Debt servicing costs doubled at the University of Minnesota to $106 million in that period. Minnesota's government provided $570 million for university operations in 2011, same as 2003-2004 school year even with inflation and 10% higher student enrollment. Yet analysis by the Department of Education and the Wall Street Journal shows in that period the spending increased disproportionately compared to inflation, student enrollment and teaching activity, with little restraint. WSJ analysis showed the University of Minnesota system added 1000 administrators between 2001-2011, with administration hires increasing 37%, double the increase in the students and double that of teachers. During that period the number of employees to manage people, programs and regulations went up 50% faster than the number of instructors, according to the Department of Education. Bureau of Labor Statistics cites this as the reason tution costs went up faster than health care costs. The 19,000 employee payroll at the University of Minnesota means one employee for three and half students. The new university president in 2011, Eric Kaler, interviewed by WSJ's Belkin and Thurm, says no one knew what it cost to run the school when he started.
Failure of U.S. colleges and universities to reduce costs and lower the tution burden
04/11/2011
An increasingly important issue as student debt passes $1 trillion inthe U.S. and hurts the economy
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California College Chief Calls for Tuition Freeze
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What drives exorbitant college tution costs in the U.S.?
04/11/2011
Factors that drive college tution costs include adminisrative costs, new building and construction costs.
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Obama Wants College Aid Tied to Rating System
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California College Chief Calls for Tuition Freeze
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State budgets and costs in the university system
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Obama's plan for U.S. student loans.
02/27/2009
Making college affordable andf lightening the burden on parents and poor students.
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Jamie Dimon’s harried JPMorgan Chase pushes campaign for worker training - The Washington Post
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Krugman on student financial aid in the U.S. and the lack of education mobility for the middle class
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Benjamin Friedman on high unemployment, income gaps and higher inequality, and the consequences for the social fabric of America
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Friedman reviews "Why Nations Fail" by Acemoglu and Robinson
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The need for an inclusive society to generate growth and create opportunities. The failure of societies which concentrate power and many in the hands of a few. The experience of Britain and the U.S. in the modern period of the age of enlightenment and the industrial revolution of the eighteenth and nineteenth centuries compared to the decline in Asia. Similiar views expressed by Adam Smith in his "Wealth of Nations," documenting the changes in Britain in the period from the feudal to the industrial period that brought progressive change and improvement in the lives of the people. The lessons for today in a period of increasing inequality in the U.S. and China, are self-evident.
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The struggle to control tution fees at universities and colleges in the U.S.
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Fixing College Through Lower Costs and Better Technology
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Student unrest on California campuses.
12/11/2009
Student unrest after a 32% increase in tution fees at 23 California State University campuses. Students protested budget cuts, two wars, and layoffs.
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College Tuition Increases Slow, but Government Aid Falls
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California College Chief Calls for Tuition Freeze
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Napolitano Looks for New Ways to Boost University of California's Coffers
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Playing Chicken With Tax Dollars and Tuition in California
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In California Budget Plan, Brown Wins Deal on Tuition Freeze for In-State Students
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California’s Upward-Mobility Machine
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Growing burden of college loans and student debt in the U.S. in 2011-2015
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High student debt is dragging down the U.S. economy | Wonkblog
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Student Loan Debt Is a Drag on the Economy, Too
New York Times 05/10/2013
College Tuition Increases Slow, but Government Aid Falls
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The ’1 Percent’ isn’t America’s biggest source of inequality. College is.
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Rates on U.S. student loans
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The ’1 Percent’ isn’t America’s biggest source of inequality. College is.
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Issues raised by Jeb Bush, Krugman, and people in leadership positions.
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The way capitalism changed during the period between two wars and how it will change now.
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Industrial peace between management and unions, the multidivisional corporate model, the salaried manager began to take shape in these years between two wars. And the telephone, telegraph and railroads accelerated mobility communication and changes. Now another set of changes are being accelerated by this crisis period, with business taking on a human and societal face.
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In Fiery Speeches, Francis Excoriates Global Capitalism
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Fragility of social cohesion in the U.S. with unemployment concentrated in the lower middle and working classes.
03/11/2009
Figures from the Center of Labor Market Studies of Northeastern University in Boston showing unemployment of 9% in the $40,000 to $50,000 annual household income group and going up to 31% at the lowest income group. Higher inequality as differences in education between lower income and higher income Americans grows. The problem of the long term unemployed is a serious one.
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New York Times 06/22/2013
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U.S. Schools Chief Arne Duncan Labors to Straddle Political Divide
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Increasing disparity in incomes, higher inequality and the middle class.
01/03/2010
The situation in the US, Germany, Britain, China, India, Brazil and other countries.
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Survey in China Shows a Wide Gap in Income
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German elections pit Merkel, challenger over poverty problems - The Washington Post
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Europe's Easy-Money Policy Snubs German Savers
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Germany's Social Democrats Agree to Coalition Talks With Merkel
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Krugman and Stiglitz on Occupy Wall Street and inequality in America
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Officials Cast Wide Net in Monitoring Occupy Protests
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The University of Minnesota, bureaucracy, high tution costs and debt servicing costs
12/28/2012
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School's Reserve Fund Draws Ire
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Wall Street Journal 05/20/2013
Obama Wants College Aid Tied to Rating System
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College Tuition Increases Slow, but Government Aid Falls
Wall Street Journal 10/23/2013
California College Chief Calls for Tuition Freeze
Wall Street Journal 11/14/2013
The University of Minnesota- high tution costs and bureaucracy
12/28/2012
High administrative costs at the University of Minnesota and the high tution costs and debt servicing cost.
Linked Articles
Minnesota Lawmakers Consider Funds for College
Wall Street Journal 03/14/2013
Deans List: Hiring Spree Fattens College Bureaucracy—And Tuition
Wall Street Journal 12/28/2012
Bureaucracy and new spending in U.S. university budgets leading to large tution increases
12/28/2012
Linked Articles
School's Reserve Fund Draws Ire
Wall Street Journal 04/24/2013
Deans List: Hiring Spree Fattens College Bureaucracy—And Tuition
Wall Street Journal 12/28/2012
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