Teaching both graduate and undergraduate classes is not a cake walk. With doctoral students to direct, a 2-2 load is plenty. In elite schools teach less.

Sure, top universities need the research money. The big guys, Berkeley, MIT and Stanford, get money because they have the best faculty. Many others fight as hard as they can and it takes a lot of time and intellect. Money that I get pays for undergraduate stipends; it’s a worthy target. It pays for other things too.

In the marketplace, an employee’s cost is 2.5 times her/his salary. Thus, a $100,000 salary costs actually $250,000. Business, law and medical schools salaries are way higher than $100K. It all requires a lot of money.

University administrations are corrupt the same way that the managers everywhere are. It is a contagious disease. Administrators are not the only culprit. Researchers started to serve more than one master, teachers didn’t want to change anything for decades, society’s money grubbing culture couldn’t be avoided.