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General Ohio University Discussion/Alumni Events Topic
Topic: Our universities have become corporate spas with high priced execs
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giacomo
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Posted: 5/12/2024 12:49 PM
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https://pge.post-gazette.com/.pf/showstory/202405120043/3

Interesting editorial in today’s Pittsburgh Post-Gazette
bobcatsquared
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Posted: 5/12/2024 1:30 PM
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“I pay your salary,” a disgruntled student once told a colleague of mine. “No you don’t,” she replied. “The university chancellor pays my salary. Your tuition pays for the gym.”

I have little doubt Ohio University gave me a quality education in journalism over 40 years ago. I have even less doubt Ohio University gave my daughter, class of 2021, an excellent education in nursing. Still, I wonder what percentage of our respective tuitions went to our education and what went to extracurricular amenities making Ohio University a high-end spa.
giacomo
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Posted: 5/12/2024 3:19 PM
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At some point, when the word was out that you had to go to college versus get a job in a factory, the schools started participating in an arms race to attract more students. Most were getting loans and were not really caring what the cost was, so tuitions began escalating. New student centers, more dormitory amenities, etc.
Ohio69
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Posted: 5/13/2024 2:23 PM
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Quote from the linked opinion, er... complaint piece:

"When I was a funded graduate student at Pitt back in 2007, I was a full-time student with teaching responsibilities. I made a little bit over $13,000 a year, plus I didn’t have to pay tuition...."

Huh. Wonder who paid for their tuition? They didn't seem to offer up many solutions, if any.

I assume the pay for university leadership positions will keep increasing as long as there are a lack of people interested in the job and able to do it well....
Last Edited: 5/13/2024 2:28:59 PM by Ohio69
BillyTheCat
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Posted: 5/13/2024 9:32 PM
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Ohio69 wrote:expand_more
Quote from the linked opinion, er... complaint piece:

"When I was a funded graduate student at Pitt back in 2007, I was a full-time student with teaching responsibilities. I made a little bit over $13,000 a year, plus I didn’t have to pay tuition...."

Huh. Wonder who paid for their tuition? They didn't seem to offer up many solutions, if any.

I assume the pay for university leadership positions will keep increasing as long as there are a lack of people interested in the job and able to do it well....
Putting a body in a class is basically free,that has been the GA model for a long time. Departments get x number of seats in exchange for labor/services.
Alan Swank
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Posted: 5/16/2024 11:26 AM
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According to the Post 2021 salary guide, there were 623 people make 100K or more.
bobcatsquared
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Posted: 5/16/2024 1:18 PM
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Alan, do they break this down to administrators/faculty/others?
Alan Swank
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Posted: 5/16/2024 9:54 PM
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bobcatsquared wrote:expand_more
Alan, do they break this down to administrators/faculty/others?
Here you go sir.

http://projects.thepostathens.com/SpecialProjects/ohio-un...

And a more recent OU source.

https://www.ohio.edu/hr/compensation-pay/salary-database
giacomo
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Posted: 5/18/2024 1:44 PM
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Coaches should not be the highest paid in the MAC world. I also saw that Nellis and Solich are making big bucks in emeritus roles. What's up with that and how long will that last?
Maddog13
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Posted: 5/20/2024 8:52 PM
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Ah, the joys of unfettered Capitalism now impacts the Ivory Tower as well.
giacomo
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Posted: 5/22/2024 8:18 AM
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Capitalism implies that you are at least trying to make more than you spend.
JSF
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Posted: 5/22/2024 9:06 PM
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giacomo wrote:expand_more
Capitalism implies that you are at least trying to make more than you spend.
It absolutely does not.
SBH
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Posted: 5/22/2024 11:08 PM
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The essential feature of capitalism is the motive to make a profit. That means making more than you spend. Look it up.
JSF
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Posted: 5/23/2024 1:18 AM
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No, the essential feature of capitalism is capital. You don't need to profit to acquire capital. See all the businesses with massive growth despite never turning a profit. See all the millionaires and billionaires in this country's history that never ran a profitable business.
SBH
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Posted: 5/23/2024 10:44 AM
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Argue with the Oxford dictionary if you'd like:

"...an economic and political system in which a country's trade and industry are controlled by private owners for profit."
giacomo
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Posted: 5/26/2024 3:10 PM
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I guess you could look at a Trump property that loses money every year but over time it may be worth more money. But it would be worth more if it were profitable. I’ve seen companies almost out of business sell their land in an exploding real estate market for a lot of money.

But how long will Solich and Nellis be on the payroll?
Last Edited: 5/26/2024 3:10:46 PM by giacomo
SBH
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Posted: 5/26/2024 8:51 PM
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It's worth whatever they're paying Nellis to stay away from Cutler Hall. The worst presidential hire since Claude Sowle.
OUPride
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Posted: 5/27/2024 7:11 PM
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The University of Chicago just had Fitch downgrade them to negative as they're facing a $300M shortfall. WTF? This is a university with 18K total students (college, grad and professional), a 5% acceptance rate and endowment over $10 billion plus $67K tuition. How badly do you need to mismanage that to get in this position?
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