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Report: Americans ripped off by higher education
Posted By -NO AUTHOR- On 04/25/2014 @ 1:18 am In Education,Money | No Comments
(Campus Reform) A new report from the American Council of Trustees and Alumni shows that Americans aren’t getting their money’s worth when it comes to 52 leading institutions of higher education.
In “Getting What You Pay For?,” ACTA found that the cost of higher education at the 52 publicly-funded institutions have “[b]loated administrative costs, shaky curricula, outsized athletic spending, and misplaced priorities.”
As a result, 32 of the institutions examined in the report pay their president a salary equal to or greater than that of President Barack Obama ($400,000). The average salary for a full professor at these schools is $133,194.
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