Mind Your Budget

Colleges and universities want bailout money while they continue to squander what they on useless positions:

Colleges and universities should be required to cut administrative bloat by 50 percent or more before they are entitled to receive any more bailout money from the feds, argues a right-leaning group of scholars.

That’s one of several suggestions spelled out by the National Association of Scholars — a nonprofit working to reform higher education — in its newly released Critical Care report...

“Colleges and universities need to make significant administrative cuts if they wish to receive another cent of aid,” the group stated in a news release. “… Hiring freezes won’t be enough when bloated administrative offices—diversity, inclusion, multicultural affairs, sustainability, Title IX, etc.—continue to guzzle through students’ debt-laden and hard-earned tuition. Accountability is key, and it starts with conditions on bailout funds.”

So-called Student Life bureaucracies should be slashed, cut, burned, and salted until even memory of their existence is forgotten.

“Attaching conditions to a bailout fund is only a partial solution,” the report states, but adds “enacting reform tied to coronavirus relief is the most practical way toward achieving the ultimate goal of structural reform of higher education.”

And let's not forget the billions in endowments they have saved up. Is the day not rainy enough?