Everyday we read that the cost of a college education is on the rise, but rarely do we see any specific efforts being directed at reducing the operational costs of higher education. It is your Commander’s opinion that a good place to start would be in the office of the president at many institutions.
Please take a minute to read the article at the link below which appeared in the pages of today’s Washington Post. This problem is far more reaching than the narrow focus The Post took addressing only Washington DC colleges, so please take that into consideration.
While the article states that the salary of presidents only represents a tiny percentage of overall campus budgets, I believe that is hogwash. The role of college and university presidents has become more a sales management position, because they spend a disproportionate amount of their time raising massive amounts of money to pump-up the endowment funds.
Salary levels in education, the business community, and government have become excessive especially in the top administrative suites. Administrative bloat exists in schools across the country and you know that I am hitting the nail on the head with that statement.
Isn’t it time for public and private educational institutions to start living like the rest of us? I suggest that some of the huge salaries being paid border on theft, and we are the ones paying the piper.