How to Destroy a Good College: The Misuse of the Corporate Model in Academe
29 Pages Posted: 30 Oct 2015 Last revised: 17 Nov 2015
Date Written: October 28, 2015
This paper demonstrates how greed, incompetence, and misuse of the so-called corporate/business model are wreaking havoc with academe. College administrators create departments and schools in order to fatten their CVs, not to improve quality. They become more concerned about increasing their income and gaming the system so that they will look good for their next job. Administrative bloat has gotten out of hand so that tuition has to increase dramatically. In addition, salaries for the people at the top continues to increase while salaries for faculty has not kept pace with inflation. The one thing that the corporate model is not being used for is to make colleges more efficient and improving them so that students who graduate become successful.
Keywords: Completion rate, administrative bloat, hierarchical organizational structure, responsibility center management, reducing waste in education, learning-outcomes assessment, and AACSB accreditation
JEL Classification: C00, C10, C40, I20, L15, L21, L82, L86, M31, M37, O3
Suggested Citation: Suggested Citation