Posted on 03/11/2025 5:14:41 AM PDT by george76
Maybe it can fire some of its 7,000 administrators..
Harvard has a $53 billion endowment. That’s a little less than the annual budget of the state it’s in. But still the wealthy woke uni is crying poverty over what it calls “substantial financial uncertainties driven by rapidly shifting federal policies.”
Those are weasel words since what Harvard is really worried about are administration cuts driven by wasteful fake research spending and crackdowns on tolerance for campus antisemitism.
And Harvard has good reason to be worried about both of those things.
Harvard has the money to persevere, but instead, it’s pausing staff and faculty hiring “until we better understand how changes in federal policy will take shape and can assess the scale of their impact.”
If Harvard really wanted to save money though, it would shed some of its 7,000+ administrators.
“At Harvard there are approximately 1.45 administrators for every academic employee and 3.09 administrators when considering only faculty, combining for a total of 7,024 total full-time administrators in 2022–only slightly fewer than the undergraduate population.”
Imagine how much money firing 6,000 administrators would save?
Howie Carr,a great Boston talk show host (and Trump supporter),was talking about this yesterday. He mentioned that all of Boston’s major colleges are on the list...except for MIT. He was surprised that MIT wasn’t listed...very surprised in fact. I didn’t hear him explain why he was surprised.
Universities are loaded with administrators.
They are the ones who are too stupid to teach a course, but are part of the team.
Harvard freezes hiring due to their crappy practices
Just looked it up.
In 2023, Harvard undergrad enrollment was 7,011. Total student enrollment was around 31,000.
So, even if you say the 31K number is total enrollment, that 7,000 administrators for 31,000, so roughly 4.4 students per administrator. That seems insane to me.
So, do universities have any plans to use these endowments?
They sit on billions and rape the American taxpayer.
No wonder they teach only Communism - they live it every day.
Remember the Zampolits... socialist Soviet Union Political Officers
The elephant in the roon is the tax exemption for Universities. It was originally granted so that Educational Institutions could be better funded by investors. But they have abused that privilege by espousing radical leftist ideas that are contrary to the Republic. Therefore, I think that the exemptions need to be eliminated.
“””Universities are loaded with administrators.
They are the ones who are too stupid to teach a course, but are part of the team.””””
Those who can...Do
Those who can’t...Teach
Those who can’t teach....teach gym class
Those who can’t teach gym class.....become administrators.
If you subscribe to any science news bulletin there’s a constant plea for more and more funding.
It’s been this way since at least the 1980s.
If someone is in science they should be at least somewhat competent at mathematics.
Then they should understand what compound interest in $38 trillion looks like.
We send way too many kids to college.
We have way too many colleges and universities.
Harvard has billions in its endowment, it doesn’t need to freeze anything.
Very true. Although I prefer to call them indoctrination centers.
No subsidies to private sectarian institutions with multi-billion dollar endowments.
I looked at the list. I think Zoo Mass Boston wasn’t on the list, but Zoo Mass Amherst was.
Trump has a fan-boyish crush on MIT, that is why.
I’ve done some work on compliance with government grants, so if the school is dependent on multiple grants I can see where the number of back-office people is high. And I would guess that Harvard is getting a lot of grants, because so many incompetent politicians have attended there and now had access to USAID type backdoor funding schemes.
I liked Percival Lowell’s idea of “science”. At least he used his own money.
Zoo Mass Boston isn’t a major school. Amherst is...it’s the “flagship” of the University of Massachusetts system.
In my experience, ‘professors’ are HIGHLY overrated, overindulged and overpaid
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