Nope not true
The only ones making money at colleges are administrators. The excess in admin and their over compensation are the main reason for the high cost of tuition.
And...the politicians do not stop it....many end up in those jobs later. I can tell you Scott Walker nor Rick Scott are cutting admin at their state schools
Working for a college I can say there is a lot of waste and excess....and a lot of people who have no clue what goes on in these schools
I used to work for a union representing employees other than professors and admin. It is true that admin is highly paid, but the clerical, maintenance, etc. that were our members were very well paid compared to private sector, they had health insurance for life after 2o years free, and had very good pensions after 20 years. Tell me that doesn’t add up? One person worked full time on union work, at our office, mostly to console employees that someone looked at them wrong and hurt their feelings. All on the taxpayer’s dime.