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

See all articles by Hershey H. Friedman

Hershey H. Friedman

City University of New York - Department of Business Management

Date Written: October 28, 2015

Abstract

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

Friedman, Hershey H., How to Destroy a Good College: The Misuse of the Corporate Model in Academe (October 28, 2015). Available at SSRN: https://ssrn.com/abstract=2682883 or http://dx.doi.org/10.2139/ssrn.2682883

Hershey H. Friedman (Contact Author)

City University of New York - Department of Business Management ( email )

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
237
Abstract Views
1,466
rank
134,251
PlumX Metrics