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A comment on Universities are broke – let’s cut the pointless admin and get back to teaching. Parent comment

Re:Universities are broke – let’s cut the pointless admin an... by T-hawk on Wednesday August 23, 2017 @08:31PM (#15086583)
> (or at least give people $10k/yr towards tuition)

This just means the colleges will raise their price by $10k/year. They will charge what the market will bear and capture the subsidy for themselves.

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Re:Universities are broke – let’s cut the pointless admin an... by 0xbear on Wednesday August 23, 2017 @09:17PM (#15086859)
More like by 15k/yr. Administrators need to be paid too. It's the same problem as with the government. It's not their money, so they're spending it like it's about to expire.
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