What's new
US Message Board 🦅 Political Discussion Forum

Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

Financial Crisis in Higher Education

DGS49

Platinum Member
Joined
Apr 12, 2012
Messages
12,514
Reaction score
7,998
Points
1,065
Location
Pittsburgh

College enrollments took a dramatic turn downward this year, quite predictably, due to Covid and a questionable economy, as well as a population that is openly questioning the cost-benefit relationship of four years of college versus going to work and earning money.
International students (aka "foreigners") were the most striking hit to the national Student Body, not only because of the stark numbers, but also because they tend to pay full, out-of-state tuition, which is very beneficial to the institutions.

After I left the Federal Government in 1980 I enjoyed a 36 year joyride in the private sector which included four layoffs, a couple of pay freezes, and surviving countless "downsizing" initiatives in which many co-workers were let go or demoted. I saw whole departments consolidated and eliminated, divisions consolidated to save "overhead," and pay raises replaced by bonuses - which kept the base pay the same, year after year.

Because the Bottom Line in the private sector is, if you don't adapt you don't survive.

What can we expect in Academe? This shrinkage is likely to be permanent rather than transitory. Will administrative staff be jettisoned? They are mostly just window dressing anyway. Will majors ending with "Studies" be shut down? Will every administrator whose title includes the word, "diversity" be terminated? I doubt it.

Surely, this development will be characterized as a "crisis" and the schools will be lining up at the state legislatures and Congress to beg for more help from the public trough(s).

But the fact is, this sort of thing happens ALL THE TIME in the Real World. Companies deal with it and move on, sometimes healthier and more vibrant. It harms individuals, but the organization itself can easily survive; the strategies to economize, "right size" the staff, and exploit the remaining strengths are well known.

It has been a long time since I heard it, but in the distant past sometimes the Trustees would appoint a college head who promised to run the school "like a business." The Faculty always rails that it will spell the end of the world, but it never does. Will any colleges try that...running like a business? I'd like to see it happen.
 

Otis Mayfield

Diamond Member
Joined
Sep 17, 2021
Messages
4,906
Reaction score
4,760
Points
1,893
I don't think they can lay the professors with tenure off.

It will be the admin staff, maintenance, etc.
 
OP
DGS49

DGS49

Platinum Member
Joined
Apr 12, 2012
Messages
12,514
Reaction score
7,998
Points
1,065
Location
Pittsburgh
The problem is not the number of professors, although there are professors in bullshit disciplines, the problem is the number of administrators, and grotesque expansion of the roles assumed by the colleges...starting with Campus Police, which is an absurdity in itself. The cities and towns already have police.
 

USMB Server Goals

Total amount
$20.00
Goal
$350.00

Most reactions - Past 7 days

Forum List

Top