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this post was submitted on 23 Aug 2023
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Honestly, I think higher ed is more at risk because the people on the top keep skimming for more funds, leaving everyone below struggling. Pay your faculty, staff, and working students (grads and undergrads) well.
Very few faculty and staff make high salaries. But the facilities costs are insane. Universities could do just fine without building another $50 Million dollar building. Growth for the sake of growth needs to stop. If that happens, then suddenly tuition costs would be under control.
State subsidization has also dived off a cliff. Why would they when they know people will take out loans to make it up? (Neoliberal answers only!)