…but this is just amazing.
You should at least read my link above, but let’s at least focus on one part of a long report:
– CEO’s of for-profit colleges receive up to 26 times the amount of pay that the heads of traditional universities do.
Traditional university presidents are overpaid. This makes them overpaid among the overpaid! Man, you’d think just keeping the money that they save from having no sports teams would be enough.
All that government money going in the direction of for-profits means less money going to students at real universities who pay less and earn more when they’re done. Maybe, just maybe, there are some things that the private sector simply shouldn’t get involved in at all.