Where is our tuition money actually going? #JULY2020
I'm beginning to understand just how corrupt our post-secondary education systems are. That said, where is our tuition money really going beyond supplies and material for classes, and potentially the salaries of professors? How much of a chunk are deans and presidents taking out of our cheques to our schools? #college #july2020
I think it's good to take a systematic approach to this question and just go by the numbers instead of trying to place blame at large salaries. I mean, yes, high salaries of sports coaches and administrators are an issue, but that's not where all your tuition funds go. Instead, I would direct you to look at this article by Vox (https://www.vox.com/2014/9/14/6144919/where-your-tuition-money-goes-in-two-charts).
Another thing to look at would be to get to the bottom of why tuition is increasing so quickly. This article seems to do a decent job of explaining what's going on (https://www.cnbc.com/2019/12/13/cost-of-college-increased-by-more-than-25percent-in-the-last-10-years.html).
Lastly, I would also direct you to read this article (https://www.stanforddaily.com/2019/01/07/stanfords-finances-explained/) to explain how much money a college like Stanford brings in (6.5 billion a year). In Stanford's case, a staggering $4 billion of that goes to salaries and benefits for administration and faculty.
Anyways, this is a very complicated question, but I hope these resources help you get a bigger picture of the moving pieces in this story.
Wishing you the best!
I can only speak on the college system in the United States, and more specifically about my institution. A large part of your tuition usually goes to salaries for professors and staff, maintenance and upkeep of the college, etc. However, administrators and coaches take in pretty large salaries as well. In fact, in D1 schools coaches can take in a higher salary than the University President (both positions can make millions per year). A list of admin salaries can be found online in tax documents if you dig deep enough. I found a tax Form 990 for my school and was shocked at the salaries of administrators.
Furthermore, there are a lot of college faculty outside of professors. The college has to pay to take care of its land and building to keep them all clean as well as paying for maintenance and construction on buildings. Then they have to pay for dorms and food for their students.
Beyond these obviously necessary things, universities are paying a lot of sports teams, stadiums, and coaches to make their university more attractive to top athletes.
The reason tuition prices are so high isn't just because of one or two things that take up a lot of money. Although the top administrators do make a heft salary, the tuition has increased because of the total sum of the various things they have to pay for.