Sunday, May 18, 2014

Student Debt Grows Faster at Universities With Highest-Paid Leaders, Study Finds

A recent study has shown that Universities with the highest paid presidents have the highest student debt. The study done by Andrew Erwin and Marjorie Wood has found that administrative expenditures outnumber spending on scholarships 2 to 1. They don't believe that there is a direct cause between the two, but they believe it is the tip of the iceberg. Athletic coaches also make up 70% of public university employees that make over a million dollars. These universities have been classified as "unequal". Due to their rising debt and the amount paid to their officials.

Jordan Messick

http://www.nytimes.com/2014/05/19/education/study-links-growth-in-student-debt-to-pay-for-university-presidents.html?hp

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