[Da Coyote]

I would wager that over half of the university degrees granted are worthless.

[Mouton]

I would venture to say most of the money goes for more staff, upgrading facilities beyond plush and salaries.

[Vigilanteman]

I would wager your estimate is too low.

[Shadow44]

Yeah but the school administrators get six figure salaries, so what so they care.

Once again, subsidies encourages graft.