Re:UC Santa Cruz fires 54 grad students who were striking fo...
by charleslmunger on Monday March 02, 2020 @10:49AM
(#22465361)
That's a truism. It depends on the administrator, and in general executives and administrators aren't paid on the value they bring, but based on a sort of signalling game with the oversight board that determines their compensation. If pay was really based on value to the system, Chancellors that are fired or denoted under scandal wouldn't keep their pay.
https://www.sacbee.com/news/investigations/the-public-eye/ar...
Re:UC Santa Cruz fires 54 grad students who were striking fo...
by asdff on Monday March 02, 2020 @09:54PM
(#22471400)
I've seen graduate students bring in millions of dollars of federal grant money from the NIH, NSF, and the DOE that would have been awarded to other institutions had that grant student not written their proposal. I've seen schools take half of this grant money for overhead and use it to pay for administrative bloat under the pretext of 'keeping the lights on.'
Are you a grad student? And you never took an economics course? This is pretty basic material.