tag:blogger.com,1999:blog-31670799.post3620909552371057524..comments2023-11-02T09:44:15.693-04:00Comments on The Center for College Affordability and Productivity: Encouraging Colleges to Cut CostsCenter for College Affordability and Productivityhttp://www.blogger.com/profile/18041956958538598371noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-31670799.post-21948986566301132422010-11-13T12:35:59.749-05:002010-11-13T12:35:59.749-05:00"(I guess at this point I must say goodbye to..."(I guess at this point I must say goodbye to any readers from the Ivory Tower who would be aghast at the very thought of even broaching the subject"<br /><br />Well, I'll answer that. In the STEM areas, faculty earn 20-40% less than the private sector. Take away the tenure incentive and you'll see more mobility between academia-industry and university salaries have to rise 20-40% to attract anyone.<br /><br />We had a recent tenure denial double his salary and decrease his work hours from 65 to 40 hours/week by moving to industry. This is normal.<br /><br />Let's concentrate on admin, student life, and sports costs that have driven tuition up. See the Goldwater report on the the growth of admin costs. At most U's faculty salaries have only kept up with inflation and faculty numbers have decreased with growing enrollment. The exceptions have been med, law, and the elite U's.Frankhttps://www.blogger.com/profile/12789153657442637138noreply@blogger.com