Academic Privilege By the Numbers

Accuracy in Academia ^ | August 24, 2015 | Malcolm A. Kline

[Academiadotorg]

The nation and the Republican Party may or may not need ‘The Donald’ but a cursory look at what statistics we can extract from academia today suggests that the academic world needs somebody like him. That is, the Ivory Tower seems to require somebody who can and will say, “You’re fired.” Trustees come immediately to mind. That’s why we trust them.

Gleaned from the Chronicle of Higher Education’s 2015-2016 Almanac, here is academia by the numbers:

~ 1% —growth in enrollment at 4-year public colleges (all other institutions of higher learning saw declines in enrollment.

~ 59.8% —“six-year graduation rate for all four-year institutions” of higher learning.

~ $100,000 —average salaries of professors

~ 36 —college presidents at private colleges earning more than $1 million in total compensation. Shirley Ann Jackson of the Rensselaer Polytechnic Institute still leads the pack with a total compensation package worth more than $7 million a year.

~ $28,302 —average tuition and fees at “public 4-year institutions” of higher learning.

~ 2 —college presidents at public universities earning more than $1 million in total compensation. For the record, they are Rodney Erickson at Penn State’s main campus and R. Bowen Loftin at Texas A & M.

~ 8% —percentage of new chief executives at colleges who were professors.

[Academiadotorg]

this is what privilege looks like--

[BwanaNdege]

this is what privilege looks like--

Shirley Ann Jackson of the Rensselaer Polytechnic Institute still leads the pack with a total compensation package worth more than $7 million a year.

[skinndogNN]

~ 59.8% —“six-year graduation rate for all four-year institutions” of higher learning.

I don’t have a problem with how long it takes. It took me 6 years to graduate, but it wasn’t for academic reasons, it was for $$$ reasons. If you can’t pay for the tuition, you take less classes per semester. Instead of taking 15-18 hours per semester, a few times I took 9-12 hrs. It’s all we could afford.

[Verginius Rufus]

At my university very few, if any, professors make $100,000 a year (maybe some in the College of Business), and the tuition for in-state students is about one-quarter of the figure they cite. I think most of the assistant professors make under $50,000 a year.

[CodeToad]

University of Denver, private school, is now $248,000 for a degree.

University of Colorado Boulder, State school, is $64,000. Add in the dorms and it is $120,000.

The real “education” should be “Don’t!”. These costs are rarely recouped in a lifetime of work.