The New York Times claims to know the real reason for the rise in college tuition:
By contrast, a major factor driving increasing costs is the constant expansion of university administration. According to the Department of Education data, administrative positions at colleges and universities grew by 60 percent between 1993 and 2009, which Bloomberg reported was 10 times the rate of growth of tenured faculty positions.
I see this as a chicken and egg argument. In my previous post on the subject, I argued that the flood of federal and private loans amounts to the printing and infiltration of money into a market, which, as well all (should) know, results in inflation. The New York Times not only hides their great discovery at the bottom of the article, they commit a flagrant foul – they fail to ask WHY administration staff grew at a much higher rate. And while there are no doubt contributing factors such as regulations and laws to be supported, to my mind the great flood of money is the great enabler: someone or something must absorb it. Staff is it.
(h/t Kathy Melaas and Mary Newstrom)
