A disturbing new report from IPS, Institute for Policy Studies, show a correlation between administrative salaries and student debt, the more administrators are paid, the more the students owe.
Other findings from the report called The One Percent at State U:
The student debt crisis is worse at state schools with the highest-paid presidents. The sharpest rise in student debt at the top 25 occurred when executive compensation soared the highest.
As students went deeper in debt, administrative spending outstripped scholarship spending by more than 2 to 1 at state schools with the highest-paid presidents.
At state schools with the highest-paid presidents, part-time adjunct faculty increased 22 percent faster than the national average at all universities.
At state schools with the highest-paid presidents, permanent faculty declined dramatically as a percentage of all faculty. By fall 2009, part-time and contingent faculty at the…
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