Goldie Blumenstyk reports that
Administrative salaries rose by 5.4 percent, up from 5 percent a year earlier; fringe-benefit costs went up by 3.6 percent, down from 5.5 percent in the previous year.Bureaucracy run amok! A 580 page report on the reports that are required. At least this is amusing:
Salaries for faculty members rose by 3.4 percent, down from the previous year's rate of 4.1 percent.
The Required Reports Prepared by State Agencies and Institutions of Higher Education is not itself listed in the Required Reports Prepared by State Agencies and Institutions of Higher Education.Quote of the day from IHE
'graduating in four years is like leaving the party at 10 o'clock,'University endowments investing in commodities as a hedge against possible future inflation.