Students, employees scour college finances for waste, proof of unfair pay
As public confidence declines, university budgets and investments face growing scrutiny
But seldom has this level of attention from students and employees been so focused on the finances of their own campuses. It coincides with what polls disclose is falling public confidence in higher education. And given the results, it seems likely to create more, not less, mistrust.
Higher education has become a popular public target. Fifty-eight percent of people polled by the think tank New Americasaid colleges and universities put their own interests ahead of those of students. About the same proportion in a Public Agenda survey said colleges care mostly about the bottom line, and 44 percent said they’re wasteful and inefficient. And a Gallup poll found that more than half of Americans have only some, or very little, confidence in higher education.
We want to see greater transparency in how they spend our money. And it is our money, most of it,” since such a large percentage of the budget comes from tuition