Fascinating report! I guess those high-paid business-oriented presidents know how to minimize institutional expenditures: place more of the debt on students and faculty! 🙂 From the ASEE aggregator:
The New York Times (5/19, Lewin, Subscription Publication) reports that a new study by the Institute for Policy Studies, a “left-leaning” group, finds that at the 25 public universities “with the highest-paid presidents, both student debt and the use of part-time adjunct faculty grew far faster than at the average state university from 2005 to 2012.” The authors “found that administrative expenditures at the highest-paying universities outpaced spending on scholarships by more than two to one.”