Colleges spending more tuition money on recreation
One of the major theses of my book is that the reason for the skyrocketing cost of college tuition, which is increasing faster than health care or gasoline, is because colleges are spending more and...
View ArticleCollege alumni donations: Once bitten, twice shy
One of the consequences of the out-of-control spending at America’s party schools is that their alumni, faced with decades of payments for college loans, are increasingly saying no when fundraisers ask...
View ArticleCutting administration jobs could save colleges millions
University business officers are meeting in San Francisco this week and listening to a presentation about how to cut millions of dollars from their payrolls: eliminate and consolidate administrative...
View Article“Administrative bloat” leads to tuition increases
When I was doing the research for my book I spent a lot of time tracking down the reasons for the crippling tuition increases that were driving graduates deeply into debt. I looked at reductions in...
View ArticleObama says colleges need to be transparent about use of tuition money
In a conference call with students earlier this week, President Barack Obama made it clear that he understands many of the issues I raised in my book. Each institution, he said, should publish a chart...
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