Paying for college

Less than 2 minute read

August 14, 2019

Liberal college administrators must surely look with favor on all the Democrats proposing to pay off everyone’s student loans with tax money.  After all, college is so expensive, only a lot of federal money can cover the cost, right? On the other hand, many argue that all that federal money is one of the major reasons why college is so expensive.  Just as work expands to fill the allotted time, college costs expand to fill the amount of grant money available.

 

When parents fork over more money for a single year of college than they spent on their first house, what are they paying for, aside from filling their kids’ heads with socialism, hatred of America and intolerance for free speech?  Well, they’re paying for a lot of overhead in the form of highly-paid (correction: “over-paid”) college administrators. 

 

How over-paid?  A new study in the Chronicle of Higher Education found that 179 public university presidents are paid as much or more than the $400,000 annual salary of the President of the United States.  Forty make more than twice that, 17 make over a million bucks a year, and the president of the University of Texas System makes over $2.5 million a year.

 

https://www.campusreform.org/?ID=13562

 

You’d expect high salaries at private schools, and they are even higher than these.  But these are public universities. And these are just the salaries for the college presidents.  It doesn’t even get into all the campus diversity administrators and other overpaid bureaucrats who teach your kids nothing other than the wastefulness and uselessness of bureaucrats -- which, come to think of it, might be the most valuable thing they learn in college. 

 

Incidentally, I should also point out that every college president in America, and I’m sure, every college administrator and professor as well, actually makes far more than the current President.  That's because while they’re on campus, railing about what a horrible, greedy monster he is, he’s donating his entire salary back to the government. 

Leave a Comment

Note: Fields marked with an * are required.

Your Information
Your Comment
BBML accepted!
Captcha

More Stories

Idiotic Policy

Comments 1-2 of 2

  • Wendy Levan

    08/15/2019 04:51 AM

    While the Democrats want to payoff the loans of all their supporters who have been indoctrinated, we have a government who is more than happy to collect interest in high amounts on those student loans. If Trump wants to offer a program that makes sense, forgive the astronomical interest that is being charged.

    Loans that are not delinquent and have not been paid off within 5-10 years should have 0% interest....give people a break so they can catch up.

    Your article is correct, the Universities charge high fees because students cannot question it (or lose their degree) then the government piles on their fees.

    In Tennessee, the state claimed that the first two years at a state college would be tuition free. It was but then they charged a $3200 per semester Student Maintenance fee.

    Absolutely broken system

  • Carl Smith

    08/14/2019 04:24 PM

    It might have the opposite effect IF admission standards are restored to above 2.0. i.e. if you have a 4.0 GPA you get a Free Ride, 3.5-4.0 75% paid, 3.0-3.5 50% paid, 2.5-3.0 25% paid, 2.0-2.5 Books and food paid. It would be awfully hard to Corrupt every school district in the nation to alter 4 years of grades. The Colleges would study the enabling legislation and figure out real quick thier enrollment would drop by 50%. Add in the legislation statistical data about a particular degree program to expected Income and the Govt. reimbursement rate would only cover expected probability of student earning enough to pay the difference. I.e. Gender Studies expected income $0.00 cost of tuition 100% by student. Astrophysicist $150,000.00 , with >3.5 80% probability of repayment. WE might even start turning out EDUCATED Adults and making the Socialist Justice Warriors have to get their money from Soros, Steyer and Bloomberg. Consider the irony in that! useless graduates getting $$ from useless citizens.