What the City University of New York Can Teach Us About Wasting Millions of Dollars

Abstract

Change is coming to higher education, whether colleges and universities like it or not. The institutions of higher education that survive will be the ones that learn how to eliminate bloat and become efficient. This paper highlights four simple changes that could save colleges millions of dollars. CUNY was used as an example, but this paper's recommended changes would benefit most colleges.

Keywords: higher education, wasteful spending, administrative bloat, skills and competencies

JEL Classification: D83, I23