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Topic:  Our universities have become corporate spas with high priced execs

Topic:  Our universities have become corporate spas with high priced execs
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giacomo
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  Message Not Read  Our universities have become corporate spas with high priced execs
   Posted: 5/12/2024 12:49:07 PM 
https://pge.post-gazette.com/.pf/showstory/202405120043/3

Interesting editorial in today’s Pittsburgh Post-Gazette
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bobcatsquared
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  Message Not Read  RE: Our universities have become corporate spas with high priced execs
   Posted: 5/12/2024 1:30:20 PM 
“I pay your salary,” a disgruntled student once told a colleague of mine. “No you don’t,” she replied. “The university chancellor pays my salary. Your tuition pays for the gym.”

I have little doubt Ohio University gave me a quality education in journalism over 40 years ago. I have even less doubt Ohio University gave my daughter, class of 2021, an excellent education in nursing. Still, I wonder what percentage of our respective tuitions went to our education and what went to extracurricular amenities making Ohio University a high-end spa.
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giacomo
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  Message Not Read  RE: Our universities have become corporate spas with high priced execs
   Posted: 5/12/2024 3:19:54 PM 
At some point, when the word was out that you had to go to college versus get a job in a factory, the schools started participating in an arms race to attract more students. Most were getting loans and were not really caring what the cost was, so tuitions began escalating. New student centers, more dormitory amenities, etc.
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Ohio69
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  Message Not Read  RE: Our universities have become corporate spas with high priced execs
   Posted: 5/13/2024 2:23:50 PM 
Quote from the linked opinion, er... complaint piece:

"When I was a funded graduate student at Pitt back in 2007, I was a full-time student with teaching responsibilities. I made a little bit over $13,000 a year, plus I didn’t have to pay tuition...."

Huh. Wonder who paid for their tuition? They didn't seem to offer up many solutions, if any.

I assume the pay for university leadership positions will keep increasing as long as there are a lack of people interested in the job and able to do it well....


Last Edited: 5/13/2024 2:28:59 PM by Ohio69


Can somebody hit a pull up jumper for me?.....

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BillyTheCat
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  Message Not Read  RE: Our universities have become corporate spas with high priced execs
   Posted: 5/13/2024 9:32:50 PM 
Ohio69 wrote:
Quote from the linked opinion, er... complaint piece:

"When I was a funded graduate student at Pitt back in 2007, I was a full-time student with teaching responsibilities. I made a little bit over $13,000 a year, plus I didn’t have to pay tuition...."

Huh. Wonder who paid for their tuition? They didn't seem to offer up many solutions, if any.

I assume the pay for university leadership positions will keep increasing as long as there are a lack of people interested in the job and able to do it well....




Putting a body in a class is basically free,that has been the GA model for a long time. Departments get x number of seats in exchange for labor/services.
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Alan Swank
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  Message Not Read  RE: Our universities have become corporate spas with high priced execs
   Posted: 5/16/2024 11:26:36 AM 
According to the Post 2021 salary guide, there were 623 people make 100K or more.
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bobcatsquared
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  Message Not Read  RE: Our universities have become corporate spas with high priced execs
   Posted: 5/16/2024 1:18:41 PM 
Alan, do they break this down to administrators/faculty/others?
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Alan Swank
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  Message Not Read  RE: Our universities have become corporate spas with high priced execs
   Posted: 5/16/2024 9:54:14 PM 
bobcatsquared wrote:
Alan, do they break this down to administrators/faculty/others?


Here you go sir.

http://projects.thepostathens.com/SpecialProjects/ohio-un...

And a more recent OU source.

https://www.ohio.edu/hr/compensation-pay/salary-database


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giacomo
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  Message Not Read  RE: Our universities have become corporate spas with high priced execs
   Posted: 5/18/2024 1:44:57 PM 
Coaches should not be the highest paid in the MAC world. I also saw that Nellis and Solich are making big bucks in emeritus roles. What's up with that and how long will that last?
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Maddog13
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  Message Not Read  RE: Our universities have become corporate spas with high priced execs
   Posted: 5/20/2024 8:52:24 PM 
Ah, the joys of unfettered Capitalism now impacts the Ivory Tower as well.
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giacomo
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  Message Not Read  RE: Our universities have become corporate spas with high priced execs
   Posted: 5/22/2024 8:18:11 AM 
Capitalism implies that you are at least trying to make more than you spend.
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JSF
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  Message Not Read  RE: Our universities have become corporate spas with high priced execs
   Posted: 5/22/2024 9:06:04 PM 
giacomo wrote:
Capitalism implies that you are at least trying to make more than you spend.


It absolutely does not.


"Loyalty to a hometown or city is fleeting and interchangeable, but college is a stamp of identity."- Kyle Whelliston, One Beautiful Season.

My blog about depression and mental illness: https://bit.ly/3buGXH8

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SBH
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  Message Not Read  RE: Our universities have become corporate spas with high priced execs
   Posted: 5/22/2024 11:08:49 PM 
The essential feature of capitalism is the motive to make a profit. That means making more than you spend. Look it up.
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JSF
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  Message Not Read  RE: Our universities have become corporate spas with high priced execs
   Posted: 5/23/2024 1:18:19 AM 
No, the essential feature of capitalism is capital. You don't need to profit to acquire capital. See all the businesses with massive growth despite never turning a profit. See all the millionaires and billionaires in this country's history that never ran a profitable business.


"Loyalty to a hometown or city is fleeting and interchangeable, but college is a stamp of identity."- Kyle Whelliston, One Beautiful Season.

My blog about depression and mental illness: https://bit.ly/3buGXH8

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SBH
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  Message Not Read  RE: Our universities have become corporate spas with high priced execs
   Posted: 5/23/2024 10:44:38 AM 
Argue with the Oxford dictionary if you'd like:

"...an economic and political system in which a country's trade and industry are controlled by private owners for profit."
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giacomo
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  Message Not Read  RE: Our universities have become corporate spas with high priced execs
   Posted: 5/26/2024 3:10:19 PM 
I guess you could look at a Trump property that loses money every year but over time it may be worth more money. But it would be worth more if it were profitable. I’ve seen companies almost out of business sell their land in an exploding real estate market for a lot of money.

But how long will Solich and Nellis be on the payroll?

Last Edited: 5/26/2024 3:10:46 PM by giacomo

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SBH
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  Message Not Read  RE: Our universities have become corporate spas with high priced execs
   Posted: 5/26/2024 8:51:08 PM 
It's worth whatever they're paying Nellis to stay away from Cutler Hall. The worst presidential hire since Claude Sowle.
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OUPride
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  Message Not Read  RE: Our universities have become corporate spas with high priced execs
   Posted: 5/27/2024 7:11:35 PM 
The University of Chicago just had Fitch downgrade them to negative as they're facing a $300M shortfall. WTF? This is a university with 18K total students (college, grad and professional), a 5% acceptance rate and endowment over $10 billion plus $67K tuition. How badly do you need to mismanage that to get in this position?
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