Look at the University of California. Paying slave’s wages to faculty in spite of ever-increasing tuitions that only feed a giant tumor called “admin.”
There was a lot of money that UC funneled to construction companies and banks during the LIBOR rigging scandal. It affected a lot of universities around the country, and became big news when Harvard sued to get their money back. The UC Regents said “nothin to see here” and elected not to pursue getting the stolen money back. Shortly after, one of those regents got a VP gig at Wells Fargo (with no prior banking experience).
So yeah… fuck the NYP for sure, but education budgets are badly bloated and the crookedness is rampant.
Fuck the NYP, but sadly both can be true.
Look at the University of California. Paying slave’s wages to faculty in spite of ever-increasing tuitions that only feed a giant tumor called “admin.”
If you think that’s just UC, then I have bad news for you.
There was a lot of money that UC funneled to construction companies and banks during the LIBOR rigging scandal. It affected a lot of universities around the country, and became big news when Harvard sued to get their money back. The UC Regents said “nothin to see here” and elected not to pursue getting the stolen money back. Shortly after, one of those regents got a VP gig at Wells Fargo (with no prior banking experience).
So yeah… fuck the NYP for sure, but education budgets are badly bloated and the crookedness is rampant.